Updated Dec 21, 2023
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
About this deal
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.
The multifamily sale at 2648 N Wayne Ave, Chicago, IL, USA in Chicago, Illinois sold for $1.4M in 2021. The building is 4,110 square feet, implying about 350 per square foot on the published price. Kevin Wood, Donald Felton, At Properties Commercial appear on the sale alongside At Properties Commercial. This page is the Chicago, Illinois file for the 2648 N Wayne Ave, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 2648 N Wayne Ave, Chicago, IL, USA around 2021. Published consideration for 2648 N Wayne Ave, Chicago, IL, USA is $1.4M, dated 2021. Cite this 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 sale when underwriting similar multifamily product around Chicago, Illinois.
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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
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93