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
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.
Players
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
14.23%
Cash-on-Cash
-4.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93