Mark Keppy Properties East Lincoln Park Acquires Multifamily Property On W Jarvis Ave, Chicago For $1,167,650
1408 West Jarvis Avenue, Chicago, IL 60626, USA
$1,167,650
$152/SF
Building Size
7,675 SF
Asset Type
MultiFamily
Closing
Aug 31, 2021
AI
Located at 1408 W Jarvis Ave in Chicago, this multifamily property was recently sold in a closed transaction. The sale took place on August 31, 2021, with a sale price of $1,167,650. The property spans a total of 7,675 square feet, resulting in a price per square foot of $152. The lot size is 4,792 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,167,650
- Address: 1408 W Jarvis Ave, Chicago
- Market: Chicago
The buyer in this transaction was represented by Mark Keppy roperties East Lincoln Park, while the seller was represented by Dean Moss of Keller Williams Realty Partners.
With this sale, the property changed hands, providing an opportunity for new ownership and potential future development.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.59%
Cash-on-Cash
-3.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93