Updated Dec 19, 2023
Landon Heck's Jameson Sotheby's Realty Brokers $1.13M Sale Of Multifamily Property On W Evergreen Ave, Chicago
2048 West Evergreen Avenue, Chicago, Illinois 60622, United States
$1,130,000
$864/SF
Building Size
1,307 SF
Asset Type
MultiFamily
Closing
May 5, 2022
About this deal
AI
A multifamily property located at 2048 W Evergreen Ave in Chicago has been sold for a total price of $1,130,000. The property consists of 3 units, with an average price per unit of $376,667. The lot size is 1,307 square feet, resulting in a price per square foot of $865.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,130,000
- Units: 3
- Price Per Unit: $376,667
- Lot Size: 1,307 sq ft
- Price Per Square Foot: $865
The buyer's representative in this transaction was Landon Heck from Jameson Sotheby's International Realty. Andrey Rudnitsky from Soloma Realty represented the seller.
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
14.04%
Cash-on-Cash
-4.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93