Updated Dec 21, 2023
Darko Tesanovic Acquires Multifamily Property On N Cleaver St, Chicago For $1.35M
1431 North Cleaver Street, Chicago, Illinois 60642, United States
$1,352,000
$432/SF
Building Size
3,125 SF
Asset Type
MultiFamily
Closing
Feb 6, 2022
About this deal
AI
A multifamily property located at 1431 N Cleaver St in Chicago has been sold for a total of $1,352,000. The property consists of 4 units, with each unit having an average price of $338,000. The total lot size is 3,125 square feet, resulting in a price per square foot of $433.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,352,000
- Units: 4
- Price per Unit: $338,000
- Lot Size: 3,125 square feet
- Price per square foot: $433
The buyer in this transaction was represented by Darko Tesanovic from Darko Tesanovic, while the seller was represented by Justin Hoskins from Kale Realty.
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
11.73%
Cash-on-Cash
-3.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93