Interra Realty Facilitates $6.7M Multifamily Sale In Lincoln Square, Chicago
2713 West Berwyn Avenue, Chicago, Illinois 60625, United States
$6,725,000
$134/SF
Building Size
50,000 SF
Asset Type
MultiFamily
Closing
May 25, 2022
AI
The multifamily property located at 2713 W Berwyn Ave in Lincoln Square, Chicago has been sold for a price of $6,725,000. The property consists of 42 units, with each unit having an average price per unit (PPU) of $160,119. The total area of the property is 50,000 square feet, resulting in a price per square foot (PPSF) of $135.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,725,000
- Units: 42
- Average Price Per Unit (PPU): $160,119
- Total Area: 50,000 square feet
- Price Per Square Foot (PPSF): $135
- Address: 2713 W Berwyn Ave
- Market: Lincoln Square, Chicago
The sale of this property was facilitated by Craig Martin from Interra Realty.
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
2.36%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93