Kale Realty Represents Buyer In $1.275M Multifamily Sale At 2647 W Logan Blvd, Chicago
2647 West Logan Boulevard, Chicago, Illinois 60647, United States
$1,275,000
$325/SF
Building Size
3,920 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
AI
Located in Chicago's Logan Square neighborhood, the multifamily property located at 2647 W Logan Blvd recently changed hands in a sale transaction. The deal, which closed on April 29, 2022, was facilitated by Sarita Scherpereel of Kale Realty, representing the buyer, and Kyle Jamicich of Compass, representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,275,000
- Lot Size: 3,920 square feet
- Price per Square Foot: $325
- Market: Chicago
Sarita Scherpereel of Kale Realty acted as the buyer's representative in the transaction, while Kyle Jamicich of Compass represented the seller. The property offers potential buyers a multifamily investment opportunity in the desirable Logan Square neighborhood. No additional details were provided regarding the property's amenities, number of units, or any other distinct features.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93