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2021 West Dickens Avenue, C...

Carrie McCormick Acquires Multifamily Property In Chicago For $1.45M
SOLDMultiFamily

Carrie McCormick Acquires Multifamily Property In Chicago For $1.45M

2021 West Dickens Avenue, Chicago, Illinois 60614, United States

$1,450,000

Building Size

Asset Type

MultiFamily

Closing

Jun 1, 2022

AI

Located in the Chicago market, the multifamily property at 2021 W Dickens Ave recently changed hands in a closed transaction. The sale, facilitated by Carrie McCormick, a representative from Anne Killarney Properties Christie's International Real Estate, was finalized on 06/02/2022 for a sale price of $1,450,000.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,450,000
  • Address: 2021 W Dickens Ave
  • Market: Chicago

Carrie McCormick, along with Anne Killarney Properties Christie's International Real Estate, played a pivotal role as the brokers representing the parties involved in this transaction.

Players

Carrie McCormick

At Properties Commercial

Broker

$109.1M

vol

34 deals

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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93