Karl Vogel Acquires Multifamily Property On N Sawyer Ave, Chicago For $1.3M
SOLD
$1,325,000
Illinois
See Similar DealsMultiFamily5,610 SF
Sold 06/03/2022
SOLD
Karl Vogel Acquires Multifamily Property On N Sawyer Ave, Chicago For $1.3M
2514 North Sawyer Avenue, Chicago, Illinois 60647, United States
See Similar DealsMultiFamily5,610 SF
Sold 06/03/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$236
Total Square Footage:5,610 SF
Transaction Type:Sale
The multifamily property located at 2514 N Sawyer Ave in Chicago was recently sold for $1,325,000. The property features a lot size of 5,610 square feet, resulting in a price per square foot of $236.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,325,000
- Lot Size: 5,610 square feet
- Price per Square Foot: $236
Karl Vogel represented the buyer, Karl Vogel Properties, while Michael Hall from Baird & Warner represented the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$70,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,707.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,281.18
Annual Debt Service$75,374.11
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