Updated Dec 4, 2024
New Era Chicago, LLC Acquires Multifamily Property On West Bryn Mawr Ave, Chicago For $1.23M
1676 West Bryn Mawr Avenue
$1,226,500
Building Size
—
Asset Type
MultiFamily
Closing
Oct 16, 2023
About this deal
AI
A multi-family property located at 1676 West Bryn Mawr Avenue in Chicago has been sold. The sale price for this property was $1,226,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,226,500
- Address: 1676 West Bryn Mawr Avenue, Chicago
- Market: Chicago
Lyle Schachter from New Era Chicago, LLC acted as the buyer's representative in this transaction, while Jaroslaw Jastrzebski from EXP Realty represented the seller.
The multifamily sale at 1676 West Bryn Mawr Avenue in Chicago, Illinois sold for $1.2M in 2023. 1676 West Bryn Mawr Avenue is classified as Multifamily on Traded. Jaroslaw Jastrzebski, Lyle Schachter, EXP Realty, New Era Chicago appear on the sale alongside EXP Realty, New Era Chicago. This page is the Chicago, Illinois file for the 1676 West Bryn Mawr Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 1676 West Bryn Mawr Avenue around 2023. Published consideration for 1676 West Bryn Mawr Avenue is $1.2M, dated 2023. Cite this New Era Chicago, LLC Acquires Multifamily Property On West Bryn Mawr Ave, Chicago For $1.23M sale when underwriting similar multifamily product around Chicago, Illinois.
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
12.93%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93