Updated Dec 21, 2023
Phyllis Scott Acquires Chicago Multifamily For $1.075M With Seller's Rep Agata Zabludowska
2646 West Chicago Avenue, Chicago, IL, USA
$1,075,000
$344/SF
Building Size
3,125 SF
Asset Type
MultiFamily
Closing
Jul 28, 2021
About this deal
AI
Phyllis Scott and Agata Zabludowska have facilitated the sale of a multifamily property in Chicago. The property, located at 2646 W Chicago Ave, was sold on July 29, 2021. The transaction was handled by Phyllis Scott from Coldwell Banker Realty, representing the buyer, and Agata Zabludowska from Exit Realty Redefined, representing the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Units: 6
- Price Per Unit: $179,167
- Square Footage: 3,125
- Price Per Square Foot: $344
- Market: Chicago
This transaction involved the sale of a multifamily property comprising six units with a total square footage of 3,125. The sale price for the property was $1,075,000, resulting in a price per unit of $179,167 and a price per square foot of $344. This deal took place in the Chicago market.
Phyllis Scott, representing Coldwell Banker Realty, acted as the buyer's representative in this transaction, while Agata Zabludowska, representing Exit Realty Redefined, served as the seller's representative. Their expertise and negotiation skills played a crucial role in facilitating this successful sale.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Phyllis Scott to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93