facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

2734 West Winnemac Avenue

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

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.

Players

Jenn Rivera

Redfin

Broker

$1M

vol

1 deal

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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