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
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