Mario Greco & Jeanne Keating Acquires Multifamily Property In Chicago
2745 N Ashland Ave, Chicago, IL, USA
$1,715,000
$256/SF
Building Size
6,700 SF
Asset Type
MultiFamily
Closing
May 20, 2020
AI
Located in Chicago, the multifamily property at 2745 N Ashland Ave was recently sold in a closed transaction. The property consists of 3 units, and the sale price was $1,715,000, resulting in a per unit price of $571,667.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,715,000
- Address: 2745 N Ashland Ave, Chicago
- Market: Chicago
In this transaction, the buyer was represented by Jeanne Keating Properties. On the other hand, the seller was represented by Mario Greco and Nurettin Dasdelen from Berkshire Hathaway HomeServices Chicago.
Through this deal, the buyer acquired a multifamily property consisting of 3 units. The property is located at 2745 N Ashland Ave in the Chicago market. Jeanne Keating Properties represented the buyer, while Mario Greco and Nurettin Dasdelen from Berkshire Hathaway HomeServices Chicago represented the seller.
Players
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
9.25%
Cash-on-Cash
-2.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93