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223 North Kolmar Avenue, Ch...

Kiser Group Facilitates $400,000 Sale Of Multifamily Property In West Garfield Park, Chicago
SOLDMultiFamily

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

Aaron Sklar

Kiser Group

Broker

$111.1M

vol

66 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

39.66%

Cash-on-Cash

-11.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93