Updated Sep 9, 2024
Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago With Keller Williams ONEChicago
2028 N Seminary Ave, Chicago, IL, USA
$1,265,000
$322/SF
Building Size
3,920 SF
Asset Type
MultiFamily
Closing
Sep 21, 2021
About this deal
AI
Located at 2028 N Seminary Ave in Chicago, this multifamily property was recently sold in a closed transaction. The property consists of 3 units and has a total square footage of 3,920. The sale price was $1,265,000, resulting in a price per unit of $421,667 and a price per square foot of $323.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,265,000
- Units: 3
- Price Per Unit: $421,667
- Lot Square Footage: 3,920
- Price Per Square Foot: $323
Brant Booker from Jameson Sotheby's International Realty represented the buyer in this transaction, while the seller was represented by Tony Zaskowski from Keller Williams ONEChicago.
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
12.54%
Cash-on-Cash
-3.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93