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Sale · MultiFamily

Updated Dec 4, 2024

Redfin Acquires Multifamily Property In Chicago For $1.17M
SOLDMultiFamily

Redfin Acquires Multifamily Property In Chicago For $1.17M

$1,174,900

Building Size

Asset Type

MultiFamily

Closing

Dec 22, 2023

About this deal

AI

The multifamily property at 3046 North Kenmore Avenue in Chicago has undergone a transaction. The buyer's representative in this deal was Camie Cirrincione of Redfin, while the seller's representative was Kaveh Jafarabadi of Broker Hill LLC. Unfortunately, the sale price of the property was not provided.

Summary of transaction details

  • Property Type: Multifamily

Camie Cirrincione of Redfin served as the buyer's representative in the transaction of the multifamily property located at 3046 North Kenmore Avenue. Kaveh Jafarabadi, representing Broker Hill LLC, acted as the seller's representative.

Players

Camie Cirrincione

Redfin

Broker

$1.2M

vol

1 deal

Broker

Market 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

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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