Updated Dec 18, 2023
Mark Kurgan Sells 6-Unit Multifamily Property In Chicago For $2.3M
1353 West Bryn Mawr Avenue, Chicago, IL 60660
$2,335,000
$546/SF
Building Size
4,270 SF
Asset Type
MultiFamily
Closing
Dec 28, 2021
About this deal
AI
A multifamily property located at 1353 W Bryn Mawr Ave in Chicago has been sold for a total of $2,335,000. The property consists of 6 units, with a price per unit of $389,167. The lot size is 4,270 square feet, resulting in a price per square foot of $547.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,335,000
- Units: 6
- Price Per Unit: $389,167
- Lot Size: 4,270 square feet
- Price Per Square Foot: $547
The buyer in this transaction was represented by Staci Prince from Kale Realty, while Mark Kurgan from 33 Realty served as the seller's representative.
On the Map
$2,335,000
$546/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.79%
Cash-on-Cash
-1.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93