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2415 North Kedzie Boulevard...

Sky High Real Estate Inc. Acquires Multifamily Property In Chicago For $1.35M
SOLDMultiFamily

Sky High Real Estate Inc. Acquires Multifamily Property In Chicago For $1.35M

2415 North Kedzie Boulevard, Chicago, IL 60647

$1,350,000

$281/SF

Building Size

4,800 SF

Asset Type

MultiFamily

Closing

Dec 10, 2021

AI

The multifamily property located at 2415 N Kedzie Blvd in Chicago has been sold for a total price of $1,350,000. The property consists of 3 units, resulting in a price per unit of $450,000. The total square footage of the property is 4,800, with a price per square foot of $281. The lot size is 4,688 square feet, equating to a price per square foot of $288.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Units: 3
  • Price per Unit: $450,000
  • Total Square Footage: 4,800
  • Price per Square Foot: $281
  • Lot Size: 4,688 square feet
  • Price per Lot Square Foot: $288

Eva Diaz from Sky High Real Estate Inc. represented the buyer in the transaction, while Arlyn Tratt from Nexthome Elite acted as the seller's representative.

Players

Eva Diaz

Broker

$2.6M

vol

2 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93