Kiser Group Facilitates $400,000 Sale Of Multifamily Property In West Garfield Park, Chicago
223 North Kolmar Avenue, Chicago, Illinois 60624, United States
$400,000
$63/SF
Building Size
6,300 SF
Asset Type
MultiFamily
Closing
Jun 5, 2022
AI
Located in West Garfield Park, Chicago, the multifamily property at 223 N Kolmar Ave has been sold in a recent transaction. The deal was facilitated by Aaron Sklar, Noah Birk, and Jack Petrando from the Kiser Group. The property features 7 units, with a total square footage of 6,300. The sale price for this multifamily asset was $400,000, translating to a price per unit of $57,143 and a price per square foot of $63.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $400,000
- Address: 223 N Kolmar Ave
- Market: West Garfield Park, Chicago
Aaron Sklar, Noah Birk, and Jack Petrando, representing the Kiser Group, played a key role in facilitating this property sale. Their expertise and dedication were instrumental in the successful completion of 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
39.66%
Cash-on-Cash
-11.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93