Updated Sep 5, 2024
Root Realty Sells 5-Unit Multifamily Property In Logan Square, Chicago
2122 North Sawyer Avenue
$1,109,000
$176/SF
Building Size
6,300 SF
Asset Type
MultiFamily
Closing
Jun 24, 2022
About this deal
AI
A multifamily property located at 2122 N Sawyer Ave in Logan Square, Chicago was recently sold for $1,109,000. The property consists of 5 units, with a price per unit of $221,800. It spans across 6,300 square feet, resulting in a price per square foot of $176.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,109,000
- Units: 5
- Price per Unit: $221,800
- Square Footage: 6,300
- Price per Square Foot: $176
- Address: 2122 N Sawyer Ave
- Market: Logan Square, Chicago
The sale was facilitated by Kevin Itima, Joseph Root, and Michael Root of Root Realty. They represented the seller in this transaction.
On the Map
$1,109,000
$176/SF
MultiFamily
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.30%
Cash-on-Cash
-4.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93