Updated Dec 20, 2023
Landmark & Property Group Inc Acquires Multifamily Building In Chicago For $1.45M
2719 North Kenmore Avenue, Chicago, IL 60614
$1,450,000
$281/SF
Building Size
5,150 SF
Asset Type
MultiFamily
Closing
Dec 15, 2021
About this deal
AI
Located in Chicago, the multifamily property at 2719 N Kenmore Ave recently changed hands in a sale transaction. The property, which spans 5,150 square feet, offers a total of four units. The sale price for this asset was $1,450,000, resulting in a price per unit of $362,500. The price per square foot was calculated at $282. The lot size for this property is 3,525 square feet, with a price per lot square foot of $411.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Units: 4
- Price per Unit: $362,500
- Square Footage: 5,150
- Price per Square Foot: $282
- Lot Size: 3,525 square feet
- Price per Lot Square Foot: $411
The transaction was facilitated by Bao Na Li from Landmark & Property Group, Inc, who represented the buyer. On the seller's side, Mary Beirne from Dream Town Realty acted as the seller's representative in the deal.
On the Map
$1,450,000
$281/SF
MultiFamily
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Players
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93