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2727 West Congress Parkway,...

Kiser Group Represents Sale Of Tri-Taylor Multifamily Property For $732K
SOLDMultiFamily

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

Matt Halper

Kiser Group

Broker

$47.8M

vol

13 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

21.67%

Cash-on-Cash

-6.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93