Updated Dec 20, 2023
North Clybourn Group, Inc Acquires Multifamily Property In Chicago For $1.07M
2635 West Wellington Avenue, Chicago, Illinois 60618, United States
$1,070,000
$339/SF
Building Size
3,150 SF
Asset Type
MultiFamily
Closing
Feb 15, 2022
About this deal
AI
The multifamily property located at 2635 W Wellington Ave in Chicago was recently sold for a price of $1,070,000. The transaction took place on February 16, 2022. The property was listed by broker Karen Biazar from North Clybourn Group, Inc. The property, featured in a photo shared by Karen Biazar on Instagram, is a noteworthy asset in the Chicago market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,070,000
- Date: 02/16/2022
- Address: 2635 W Wellington Ave
- Market: Chicago
Broker Karen Biazar from North Clybourn Group, Inc played a key role in the sale of this multifamily property. Her expertise and representation were valuable in facilitating the transaction.
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
14.83%
Cash-on-Cash
-4.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93