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2514 North Sawyer Avenue, C...

Karl Vogel Acquires Multifamily Property On N Sawyer Ave, Chicago For $1.3M
SOLDMultiFamily

Karl Vogel Acquires Multifamily Property On N Sawyer Ave, Chicago For $1.3M

2514 North Sawyer Avenue, Chicago, Illinois 60647, United States

$1,325,000

$236/SF

Building Size

5,610 SF

Asset Type

MultiFamily

Closing

Jun 2, 2022

AI

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.

Players

Michael Hall

Baird & Warner

Broker

$11.1M

vol

8 deals

Broker

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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93