Updated Dec 20, 2023
Joe Smazal Of Interra Realty Sells Multifamily Property In Albany Park, Chicago For $3,085,000
3051 West Leland Avenue, Chicago, Illinois 60625, United States
$3,085,000
Building Size
—
Asset Type
MultiFamily
Closing
May 31, 2022
About this deal
AI
A multifamily property located at 3051-55 W Leland Ave in Albany Park, Chicago, was recently sold for a sale price of $3,085,000. The transaction took place on 06/01/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,085,000
- Address: 3051-55 W Leland Ave
- Market: Albany Park, Chicago
The sale was facilitated by Joe Smazal from Interra Realty, who served as the broker for the deal.
The multifamily sale at 3051 West Leland Avenue, Chicago, Illinois 60625, United States in Chicago, Illinois sold for $3.1M in 2022. 3051 West Leland Avenue, Chicago, Illinois 60625, United States is classified as Multifamily on Traded. Joe Smazal, Interra Realty appear on the sale alongside Interra Realty. This page is the Chicago, Illinois file for the 3051 West Leland Avenue, Chicago, Illinois 60625, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 3051 West Leland Avenue, Chicago, Illinois 60625, United States around 2022. Published consideration for 3051 West Leland Avenue, Chicago, Illinois 60625, United States is $3.1M, dated 2022. Cite this Joe Smazal Of Interra Realty Sells Multifamily Property In Albany Park, Chicago For $3,085,000 sale when underwriting similar multifamily product around Chicago, Illinois.
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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
5.14%
Cash-on-Cash
-1.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93