Barbara O'Connor Of Dream Town Realty Sells Chicago Multifamily Property For $2.2M
1352 West Carmen Avenue, Chicago, IL 60640
$2,200,000
$366/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Dec 20, 2021
AI
The multifamily property located at 1352 W Carmen Ave in Chicago has been sold for a price of $2,200,000. The transaction took place on December 20, 2021. This property consists of 10 units, making the price per unit $220,000. The lot size of the property is 6,000 square feet, resulting in a price per square foot of $367.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Units: 10
- Price Per Unit: $220,000
- Lot Size: 6,000 square feet
- Price Per Square Foot: $367
Barbara O'Connor from Dream Town Realty represented the seller in this transaction.
Chicago 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93