facebook
Traded Co logo
Submit
Daily limit: 0/10

Rita Kerins Represents Buyer In $1.25M Sale Of Multifamily Property In Chicago

Property Image
SOLD
$1,250,000

Illinois

See Similar Deals
MultiFamily
Sold 05/09/2024
the dealplayerscompscontact
Property Image
SOLD

Rita Kerins Represents Buyer In $1.25M Sale Of Multifamily Property In Chicago

2229 West Augusta Boulevard

See Similar Deals
MultiFamily
Sold 05/09/2024
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

Located in Ukrainian Village, 2229 West Augusta Boulevard in Chicago is a meticulously gut-rehabbed three-flat building that features three units. Each unit is designed with contemporary interiors, stylish kitchens with ample storage, quartz countertops, stainless-steel appliances, hardwood floors, marble bathrooms, walk-in closets, and in-unit washer and dryer.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Units: 3
  • Price per Unit: $416,667
  • Address: 2229 West Augusta Boulevard, Chicago
  • Market: Chicago

Rita Kerins of At Properties Commercial represented the buyer, while Audrey Jones and Joseph Kotoch of Compass represented the seller in the sale of the property. The three-flat building offers a blend of modern amenities and classic charm, making it an attractive investment in the vibrant neighborhood of Ukrainian Village.

Players

Joseph ( Joe) Kotoch
6 deals$7.7M volume
BROKER

Audrey Jones
Compass
2 deals$2.6M volume(773) 957-3046
BROKER

Rita Kerins
At Properties Commercial
1 deal$1.3M volume(773) 807-2387
BROKER

Details

SOLD
IMAGE: Rita Kerins, Joseph Kotoch & Audrey Jones DATE: 05/09/2024 ADDRESS: 2229 West Augusta Boulevard MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Rita Kerins (@Ritaestate_) - @Properties (@AtProperties) Christie's International Real Estate (@ChristiesRealEstate) SELLER'S REP: Audrey Jones (@HomewithJones) & Joseph Kotoch (@WindyCityAgents) - Compass (@Compass) SALE PRICE: $1,250,000 UNITS: 3 ~ PPU: $416,667 NOTE: 2229 West Augusta Boulevard in Chicago, a meticulously gut-rehabbed three-flat building located in Ukrainian Village, was sold for $1,250,000. Rita Kerins of At Properties Commercial represented the buyer, while Audrey Jones and Joseph Kotoch of Compass represented the seller. The property features three units, each designed with contemporary interiors, stylish kitchens with ample storage, quartz countertops, stainless-steel appliances, hardwood floors, marble bathrooms, walk-in closets, and in-unit washer and dryer, offering a blend of modern amenities and classic charm.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$66,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65