Chicago Multifamily At 2648 N Wayne Ave Sold For $1.4M With Donald Felton - Chicago's Real Estate Agency Representing Buyer & Kevin Wood Properties Representing Seller
2648 N Wayne Ave, Chicago, IL, USA
$1,439,000
$350/SF
Building Size
4,110 SF
Asset Type
MultiFamily
Closing
May 11, 2021
AI
Located in Chicago, the multifamily property at 2648 N Wayne Ave has been sold for a price of $1,439,000. The transaction took place on May 12, 2021. The property features multiple units and is situated in a vibrant market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,439,000
- Address: 2648 N Wayne Ave, Chicago
- Market: Chicago
The buyer's representative in this deal was Donald Felton from Chicago's Real Estate Agency, while the seller's representative was Kevin Wood Properties.
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
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93