Updated Dec 4, 2024
Niko Voutsinas Of Redfin Represents Buyer In Chicago Multifamily Sale For $1.525M
2473 North Albany Avenue
$1,525,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 13, 2024
About this deal
AI
A multifamily property located at 2473 North Albany Avenue in Chicago has been sold for $1,525,000. The property spans 0.77 acres and includes a remodeled French country home that features modern finishes, along with a deep double lot providing extensive outdoor space.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,525,000
- Address: 2473 North Albany Avenue
- Market: Chicago
- Acres: 0.77
- Buyer's Representative: Niko Voutsinas - Redfin
- Seller's Representative: Cassandra Bockman Hart - Berkshire Hathaway HomeServices Starck Real Estate
This transaction involved Niko Voutsinas representing the buyer and Cassandra Bockman Hart representing the seller, showcasing the collaboration between Redfin and Berkshire Hathaway HomeServices Starck Real Estate in this multifamily asset deal.
On the Map
$1,525,000
MultiFamily
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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
10.40%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93