Brett Picarazzi & Mark Kurgan Close $1.18M Sale Of 5-Unit Multifamily In Chicago
2236 West Augusta Boulevard, Chicago, IL 60622
$1,185,000
$229/SF
Building Size
5,159 SF
Asset Type
MultiFamily
Closing
Jun 1, 2020
AI
The multifamily property located at 2236 W Augusta Blvd in Chicago was recently sold for a price of $1,185,000. The property consists of 5 units, with each unit having a price per unit (PPU) of $237,000. The total square footage of the property is 5,159, resulting in a price per square foot (PPSF) of $230.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,185,000
- Units: 5
- Price per Unit (PPU): $237,000
- Square Footage: 5,159
- Price per Square Foot (PPSF): $230
The buyer's representative for this transaction was Brett Picarazzi from tProperties, while the seller's representative was Mark Kurgan from 33 Realty.
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
13.39%
Cash-on-Cash
-3.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93