Updated Oct 28, 2024
JAB Real Estate Acquires Multifamily Property In Chicago For $23M
2740 North Hampden Court, Chicago, Illinois 60614, United States
$23,000,000
Units
159
Asset Type
MultiFamily
Closing
Aug 10, 2022
About this deal
AI
The multifamily property located at 2740-2752 North Hampden Court in Chicago has been sold for a total price of $23,000,000. The transaction took place on August 11, 2022, and the property consists of 159 units. The price per unit is estimated to be $144,654.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $23,000,000
- Units: 159
- Price per Unit: $144,654
- Address: 2740-2752 North Hampden Court, Chicago
The buyer for this transaction is JAB Real Estate, represented by Frank Campise. The seller of the property is the Geyser Family.
On the Map
$23,000,000
MultiFamily
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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
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93