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Chander Kanagaraju & Amanda McMillan Acquire Multifamily Property In Chicago For $1.03M

Property Image
SOLD
$1,035,000

Illinois

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MultiFamily4,428 SF
Sold 03/01/2021
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Property Image
SOLD

Chander Kanagaraju & Amanda McMillan Acquire Multifamily Property In Chicago For $1.03M

2323 West Superior Street, Chicago, IL, USA

See Similar Deals
MultiFamily4,428 SF
Sold 03/01/2021
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$233
Total Square Footage:4,428 SF
Transaction Type:Sale

An undisclosed multifamily property located at 2323-2325 W Superior St in Chicago has been sold for $1,035,000. The deal was finalized on March 1, 2021. The property was purchased by the buyer's representative, Chander Kanagaraju, from Exit Strategy Realty. The seller's representative in this transaction was Amanda McMillan.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,035,000

Chander Kanagaraju, representing Exit Strategy Realty, facilitated the purchase of this undisclosed multifamily property in Chicago. Amanda McMillan, on the other hand, represented the seller in this transaction. Additional details about this property or the individuals involved have not been disclosed.

Players

Amanda McMillan
2 deals$12M volume
BROKER

Chander Kanagaraju
Exit Strategy Realty
1 deal$1M volume
BROKER

Details

SOLD
IMAGE: Chander Kanagaraju & Amanda McMillan DATE: 03/01/2021 ADDRESS: 2323-2325 W Superior St MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Chander Kanagaraju - Exit Strategy Realty SELLER'S REP: Amanda McMillan - @properties PRICE: $1,035,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,677.14
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