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2713 West Berwyn Avenue, Ch...

Interra Realty Facilitates $6.7M Multifamily Sale In Lincoln Square, Chicago
SOLDMultiFamily

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

Craig Martin

Interra Realty

Broker

$222.9M

vol

24 deals

Broker

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

2.36%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93