Kiser Group Represents Sale Of Tri-Taylor Multifamily Property For $732K
2727 West Congress Parkway, Chicago, Illinois 60612, United States
$732,000
$122/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Feb 14, 2022
AI
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.
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
21.67%
Cash-on-Cash
-6.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93