Updated Dec 21, 2023
Compass Brokers Facilitate $1.375M Multifamily Sale In Chicago
2625 North Sacramento Avenue, Chicago, Illinois 60647, United States
$1,375,000
$312/SF
Building Size
4,400 SF
Asset Type
MultiFamily
Closing
May 22, 2022
About this deal
AI
The multifamily property located at 2625 N Sacramento Ave in Chicago was recently sold for a price of $1,375,000. The property spans a total of 4,400 square feet, equating to a price per square foot of $313. The lot size of the property is 6,200 square feet, resulting in a price per lot square foot of $222. This transaction took place on 05/23/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,375,000
- Square Footage: 4,400
- Price per Square Foot: $313
- Lot Size: 6,200 square feet
- Price per Lot Square Foot: $222
- Market: Chicago
The buyer's representative in this deal was Khadija Laurens from Compass, while the seller was represented by Matt Mika, also from Compass.
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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93