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2236 West Augusta Boulevard...

Brett Picarazzi & Mark Kurgan Close $1.18M Sale Of 5-Unit Multifamily In Chicago
SOLDMultiFamily

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

Mark Kurgan

33 Realty

Broker

$12.9M

vol

6 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

13.39%

Cash-on-Cash

-3.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93