Updated Sep 9, 2024
Monarch Realty Partners Brokers Sale Of 43-Unit Multifamily In Rogers Park, Chicago For $4.3M
1627 West Chase Avenue
$4,300,000
$170/SF
Building Size
25,300 SF
Asset Type
MultiFamily
Closing
Oct 10, 2022
About this deal
AI
The multifamily property located at 1627 W Chase Ave in Rogers Park, Chicago has been sold. The transaction was facilitated by brokers Brian Semel and Connor Loughlin from Monarch Realty Partners. The property was sold for a total price of $4,300,000.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $4,300,000
- Units: 43
- Price per Unit: $100,000
- Square Footage: 25,300
- Price per Square Foot: $170
- Address: 1627 W Chase Ave, Rogers Park, Chicago
The brokers involved in the deal were Brian Semel and Connor Loughlin from Monarch Realty Partners. They represented the buyer and seller respectively.
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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93