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2218 North Sawyer Avenue

Updated Dec 4, 2024

Melissa Edidin Acquires Multifamily Property In Chicago For $1.05M As Buyer's Rep
SOLDMultiFamily

Melissa Edidin Acquires Multifamily Property In Chicago For $1.05M As Buyer's Rep

2218 North Sawyer Avenue

$1,050,000

Building Size

Asset Type

MultiFamily

Closing

Mar 25, 2024

About this deal

AI

Located at 2218 North Sawyer Avenue in Chicago, the multifamily property was recently sold for $1,050,000. The transaction was facilitated by Melissa Edidin of @properties Christie's International Real Estate, representing the buyer, and Prashanth Pathy and Tony Giusti of Compass, who represented the seller.

Summary of transaction details:

The deal's key players included Melissa Edidin from @properties Christie's International Real Estate, who represented the buyer, and Prashanth Pathy and Tony Giusti from Compass, the seller's representatives. The successful transaction highlights the cooperation between these professionals in the real estate industry.

Players

Tony Giusti

Compass

Broker

$3M

vol

2 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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