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.
On the Map
$1,265,000
$322/SF
MultiFamily
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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