Karen Biazar Of North Clybourn Group Acquires Chicago Multifamily For $1.18M
SOLD
$1,180,000
Illinois
See Similar DealsMultiFamily4,000 SF
Sold 01/25/2022
SOLD
Karen Biazar Of North Clybourn Group Acquires Chicago Multifamily For $1.18M
2536 West Augusta Boulevard, Chicago, Illinois 60622, United States
See Similar DealsMultiFamily4,000 SF
Sold 01/25/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$295
Total Square Footage:4,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,593.80
Annual Debt Service$67,125.62
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