Keller Williams ONEChicago Represents Buyer In $1.43M Multifamily Sale In Chicago
SOLD
$1,432,000
Illinois
See Similar DealsMultiFamily3,200 SF
Sold 04/29/2021
SOLD
Keller Williams ONEChicago Represents Buyer In $1.43M Multifamily Sale In Chicago
2733 N Wayne Ave, Chicago, IL, USA
See Similar DealsMultiFamily3,200 SF
Sold 04/29/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$447
Total Square Footage:3,200 SF
Transaction Type:Sale
The multifamily property located at 2733 N Wayne Ave in Chicago has been sold. The sale took place on April 29, 2021, with a transaction amount of $1,432,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,432,000
- Address: 2733 N Wayne Ave, Chicago
- Market: Chicago
Nicholas Apostal from Keller Williams ONEChicago represented the buyer in this transaction, while Vincent Anzalone and Sylvia Jablonska from Dream Town Realty represented the seller.
With this sale, the property has changed hands, providing a new opportunity for the buyer to manage and potentially generate income from the multifamily asset in the Chicago market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$76,373.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,087.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,788.41
Annual Debt Service$81,460.93
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