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3101 North Kolmar Avenue

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

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

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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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