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2122 North Sawyer Avenue

Root Realty Sells 5-Unit Multifamily Property In Logan Square, Chicago
SOLDMultiFamily

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

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.

Players

Joseph Root

Root Realty

Broker

$15.9M

vol

9 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

14.30%

Cash-on-Cash

-4.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93