Updated Dec 4, 2024
Chicago Multifamily Property Sold For $1.2M With Brokers Jeff Kallas & Megan Tirpak
2446 North Orchard Street
$1,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 12, 2023
About this deal
AI
A multifamily property located at 2446 North Orchard Street in Chicago was recently sold for a total of $1.2 million. This property, handled by brokers Jeff Kallas and Megan Tirpak of @properties Christie's International Real Estate, offers a great investment opportunity in the Chicago market.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,200,000
- Address: 2446 North Orchard Street, Chicago
- Brokers: Jeff Kallas and Megan Tirpak of @properties Christie's International Real Estate
The sale of this property was facilitated by the expertise and negotiation skills of Jeff Kallas and Megan Tirpak from @properties Christie's International Real Estate. Their extensive knowledge of the Chicago market and their commitment to providing exceptional service to their clients ensured a successful transaction.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93