Updated Dec 19, 2023
Kyle A. Stengle Of Marcus & Millichap Sells Multifamily Asset In Ukrainian Village, Chicago For $1.6M
2247 West Thomas Street, Ukrainian Village, Chicago, IL, USA
$1,600,000
$241/SF
Building Size
6,624 SF
Asset Type
MultiFamily
Closing
Oct 21, 2021
About this deal
AI
A multifamily property located at 2247 W. Thomas St. in Ukrainian Village, Chicago, has been sold for a price of $1,600,000. The transaction took place on October 21, 2021, and the sale was facilitated by Kyle A. Stengle of Marcus & Millichap.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Date: October 21, 2021
- Address: 2247 W. Thomas St.
- Market: Ukrainian Village, Chicago
Kyle A. Stengle, representing Marcus & Millichap, played a key role as the broker in this transaction. Through their expertise, the sale of the multifamily property was successfully executed.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93