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1676 West Bryn Mawr Avenue

New Era Chicago, LLC Acquires Multifamily Property On West Bryn Mawr Ave, Chicago For $1.23M
SOLDMultiFamily

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

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.

Players

Jaroslaw Jastrzebski

EXP Realty

Broker

$1.2M

vol

1 deal

Broker

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