Updated Dec 20, 2023
Kate Waddell Group Sells Multifamily Asset In Chicago For $14.1M
1822 West Irving Park Road, Chicago, Illinois 60618, United States
$14,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 2, 2022
About this deal
AI
The multifamily property located at 1822-1832 West Irving Park Road in Chicago was recently sold for a total price of $14,100,000. The transaction took place on 03/03/2022. The property was listed by Kate Waddell of the Kate Waddell Group, who represented the seller in the deal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $14,100,000
- Date: 03/03/2022
- Address: 1822-1832 West Irving Park Road, Chicago
- Broker: Kate Waddell - Kate Waddell Group - Compass
This transaction was facilitated by Kate Waddell of the Kate Waddell Group, who acted as the seller's representative. The sale of this multifamily property represents a successful deal in the Chicago market. The property is strategically located on West Irving Park Road, offering convenient access to various amenities and attractions in the area.
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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93