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1353 West Bryn Mawr Avenue,...

Mark Kurgan Sells 6-Unit Multifamily Property In Chicago For $2.3M
SOLDMultiFamily

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

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.

Players

Mark Kurgan

33 Realty

Broker

$12.9M

vol

6 deals

Broker

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

6.79%

Cash-on-Cash

-1.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93