Updated Dec 21, 2023
Karen Biazar Of North Clybourn Group Acquires Chicago Multifamily For $1.18M
2536 West Augusta Boulevard, Chicago, Illinois 60622, United States
$1,180,000
$295/SF
Building Size
4,000 SF
Asset Type
MultiFamily
Closing
Jan 24, 2022
About this deal
AI
A multifamily property located at 2536 W Augusta Blvd in Chicago has been sold for a price of $1,180,000. The property consists of 6 units, with a per unit price of $196,667. The total lot size is 4,000 square feet, resulting in a price per square foot of $295.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Units: 6
- Per Unit Price: $196,667
- Lot Size: 4,000 square feet
- Price per Square Foot: $295
The buyer of the property was represented by Karen Biazar from North Clybourn Group, while the seller was represented by Linette Thompson from Dream Town Realty.
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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93