Updated Dec 19, 2023
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
About this deal
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.
On the Map
$1,350,000
$281/SF
MultiFamily
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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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93