Kiser Group Represents Sale Of Tri-Taylor Multifamily Property For $732K
SOLD
$732,000
Illinois
See Similar DealsMultiFamily6,000 SF
Sold 02/15/2022
SOLD
Kiser Group Represents Sale Of Tri-Taylor Multifamily Property For $732K
2727 West Congress Parkway, Chicago, Illinois 60612, United States
See Similar DealsMultiFamily6,000 SF
Sold 02/15/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$122
Total Square Footage:6,000 SF
Transaction Type:Sale
An multifamily property located at 2727 W Congress Pkwy in Tri-Taylor, Chicago has been sold for $732,000. The property consists of 5 units with a price per unit of $146,400. The total square footage of the property is 6,000, resulting in a price per square foot of $122.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $732,000
- Units: 5
- Price per Unit: $146,400
- Square Footage: 6,000
- Price per Square Foot: $122
- Address: 2727 W Congress Pkwy, Tri-Taylor, Chicago
- Market: Tri-Taylor, Chicago
The sale of this property was facilitated by Matt Halper, Danny Mantis, and Jack Lambert from Kiser Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$39,040.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,600.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,470.05
Annual Debt Service$41,640.64
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