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3101 North Kolmar Avenue

Updated Dec 4, 2024

Dream Town Realty Acquires Multifamily Property In Chicago For $1.115M
SOLDMultiFamily

Dream Town Realty Acquires Multifamily Property In Chicago For $1.115M

3101 North Kolmar Avenue

$1,115,000

$111/SF

Building Size

10,020 SF

Asset Type

MultiFamily

Closing

Jan 31, 2024

About this deal

AI

3101 North Kolmar Avenue, a multifamily property in Chicago, was sold for $1.115 million. The property spans 10,020 square feet and has a price per square foot of $111.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,115,000
  • SF: 10,020
  • PPSF: $111
  • Address: 3101 North Kolmar Avenue
  • Market: Chicago

The buyer's representative, John Campas from Dream Town Realty, represented the buyer in this transaction. The seller was represented by Stephen Costa from Weichert Realtors.

The multifamily sale at 3101 North Kolmar Avenue in Chicago, Illinois sold for $1.1M in 2024. The building is 10,020 square feet, implying about 111 per square foot on the published price. John Campas, Stephen Costa, Dream Town Realty, Weichert Realtors appear on the sale alongside Dream Town Realty, Weichert Realtors. This page is the Chicago, Illinois file for the 3101 North Kolmar Avenue 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 3101 North Kolmar Avenue around 2024. Published consideration for 3101 North Kolmar Avenue is $1.1M, dated 2024. Cite this Dream Town Realty Acquires Multifamily Property In Chicago For $1.115M sale when underwriting similar multifamily product around Chicago, Illinois.

Players

John Campas

Dream Town Realty

Broker

$3.6M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $111 per square foot on a published $1.1M for 10,020 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.23%

Cash-on-Cash

-4.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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