Chander Kanagaraju & Amanda McMillan Acquire Multifamily Property In Chicago For $1.03M
2323 West Superior Street, Chicago, IL, USA
$1,035,000
$233/SF
Building Size
4,428 SF
Asset Type
MultiFamily
Closing
Feb 28, 2021
AI
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
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
15.33%
Cash-on-Cash
-4.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93