Kiser Group Facilitates $4.05M Sale Of Evanston Multifamily Property On Chicago Ave
1326 Chicago Avenue, Evanston, Illinois 60201, United States
$4,050,000
$270/SF
Building Size
15,000 SF
Asset Type
MultiFamily
Closing
May 3, 2022
AI
The multifamily property located at 1326 Chicago Ave in Evanston was recently sold. The sale was facilitated by brokers Matt Halper & Danny Mantis from Kiser Group. The transaction took place on 05/04/2022.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $4,050,000
- Number of Units: 15
- Price Per Unit: $270,000
- Total Square Footage: 15,000
- Price Per Square Foot: $270
The sale of this multifamily property highlights the collaboration between Matt Halper & Danny Mantis from Kiser Group as the brokers responsible for the transaction. The property offers 15 units with an average unit price of $270,000. The total square footage of the property is 15,000, resulting in a price per square foot of $270.
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Evanston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.92%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93