Updated Dec 21, 2023
Matt Ayo Of Peak Realty Chicago Represents Sale Of Multifamily Property In Lincoln Square, Chicago
2505 West Ainslie Street, Chicago, Illinois 60625, United States
$850,000
$177/SF
Building Size
4,800 SF
Asset Type
MultiFamily
Closing
Sep 15, 2022
About this deal
AI
A multifamily property located at 2505 W Ainslie St in Lincoln Square, Chicago has been sold for $850,000. This property consists of 2 units with a total square footage of 4,800. The price per unit comes out to be $425,000, and the price per square foot is $177.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $850,000
- Units: 2
- Price per Unit: $425,000
- Square Footage: 4,800
- Price per Square Foot: $177
- Address: 2505 W Ainslie St
- Market: Lincoln Square, Chicago
The sale of this property was facilitated by Matt Ayo from Peak Realty Chicago. He can be reached at 312-826-2104 or via email at [email protected].
On the Map
$850,000
$177/SF
MultiFamily
View full map
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Cross Street to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.66%
Cash-on-Cash
-5.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93