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Fadya Kashkeesh Of HomeSmart Realty Group Acquires Multifamily Property In Chicago For $1.53M

Property Image
SOLD
$1,530,000

Illinois

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MultiFamily2,613 SF
Sold 04/02/2021
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Property Image
SOLD

Fadya Kashkeesh Of HomeSmart Realty Group Acquires Multifamily Property In Chicago For $1.53M

2740 West Chicago Avenue, Chicago, IL, USA

See Similar Deals
MultiFamily2,613 SF
Sold 04/02/2021
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$585
Total Square Footage:2,613 SF
Transaction Type:Sale

The multifamily property located at 2740 W Chicago Ave in Chicago has been sold for $1,530,000. The transaction took place on 04/02/2021 and involved a total of 4 units. The price per unit for this sale was $382,500. The property was represented by Fadya Kashkeesh from HomeSmart Realty Group as the buyer's agent, and Olga Kochelyk from Core Realty & Investments as the seller's agent. The property image can be found on Fadya Kashkeesh's Instagram account.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,530,000
  • Number of Units: 4
  • Price per Unit: $382,500
  • Date of Transaction: 04/02/2021
  • Address: 2740 W Chicago Ave, Chicago
  • Buyer's Representative: Fadya Kashkeesh - HomeSmart Realty Group
  • Seller's Representative: Olga Kochelyk - Core Realty & Investments

Fadya Kashkeesh from HomeSmart Realty Group represented the buyer in this transaction, while Olga Kochelyk from Core Realty & Investments represented the seller. Additional information or details about the property or the individuals involved in the deal are not available.

Players

Fadya Kashkeesh
3 deals$3.9M volume
BROKER

Olga Kochelyk
1 deal$1.5M volume
BROKER

Details

SOLD
IMAGE: Fadya Kashkeesh DATE: 04/02/2021 ADDRESS: 2740 W Chicago Ave MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Fadya Kashkeesh - HomeSmart Realty Group SELLER'S REP: Olga Kochelyk - Core Realty & Investments PRICE: $1,530,000 UNITS: 4 PPU: $382,500

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,435.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,252.98
Annual Debt Service$87,035.77