Updated Dec 19, 2023
Anne Connolly Rief & Emily Sachs Wong Sell Multifamily Property In Chicago For $1.175M
2202 North Kenmore Avenue, Chicago, IL 60614
$1,175,000
$385/SF
Building Size
3,049 SF
Asset Type
MultiFamily
Closing
Jun 2, 2020
About this deal
AI
The multifamily property located at 2202 N Kenmore Ave in Chicago has been sold for a price of $1,175,000. The sale took place on June 2, 2021. The property was listed by Anne Connolly Rief and Emily Sachs Wong, representing Properties.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Date: 06/02/2021
- Address: 2202 N Kenmore Ave
- Market: Chicago
- Brokers: Anne Connolly Rief & Emily Sachs Wong - Properties
Anne Connolly Rief and Emily Sachs Wong, from Properties, were the brokers involved in the transaction. They facilitated the sale of the multifamily property located at 2202 N Kenmore Ave in Chicago. This deal marks their successful representation of the buyer and seller in the 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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93