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2734 West Winnemac Avenue

Updated Dec 4, 2024

Redfin Represents Buyer In $1.01M Sale Of Chicago Multifamily Property
SOLDMultiFamily

Redfin Represents Buyer In $1.01M Sale Of Chicago Multifamily Property

2734 West Winnemac Avenue

$1,012,500

Building Size

—

Asset Type

MultiFamily

Closing

Nov 13, 2023

About this deal

AI

The multifamily property located at 2734 West Winnemac Avenue in Chicago has been sold for a total price of $1,012,500. This transaction was represented by Jenn Rivera of Redfin, who acted as the buyer's representative, and Donald Beard and Sohail Salahuddin of EXP Realty, who acted as the seller's representatives.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,012,500
  • Address: 2734 West Winnemac Avenue, Chicago
  • Market: Chicago

This property sale represents a successful transaction in the Chicago market. Jenn Rivera from Redfin, as the buyer's representative, played a crucial role in negotiating and finalizing the deal. On the other hand, Donald Beard and Sohail Salahuddin from EXP Realty skillfully represented the seller throughout the process. Their combined efforts resulted in the successful purchase of the property.

On the Map

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$1,012,500

MultiFamily

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Players

Jenn Rivera

Redfin

Broker

$1M

vol

1 deal

Broker
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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

15.67%

Cash-on-Cash

-4.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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