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
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