Updated Sep 18, 2026
Bill Hynes Represents Seller In $1.29M Multifamily Sale At 1639 North Claremont Avenue
1639 North Claremont Avenue
$1,290,000
$268/SF
Building Size
4,799 SF
Asset Type
MultiFamily
Closing
Aug 14, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 1639 North Claremont Avenue in Chicago. The sale price for this asset was $1,290,000, and it encompasses a total of 4,799 square feet, translating to a price per square foot of $268.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,290,000
- Square Footage: 4,799
- Price per Square Foot: $268
- Address: 1639 North Claremont Avenue
- Market: Chicago
- Buyer's Representative: Amit Vyas - Mark Allen Realty
- Seller's Representative: Bill Hynes
Key individuals involved in this transaction include Amit Vyas, who represented the buyer through Mark Allen Realty, and Bill Hynes, who served as the seller's representative. Their roles were crucial in facilitating the deal and ensuring a smooth transaction process between the parties involved.
On the Map
$1,290,000
$268/SF
MultiFamily
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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
12.30%
Cash-on-Cash
-3.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93