Jameson Sotheby's Int'l Realty Acquires Multifamily In Chicago For $1.085M
SOLD
$1,085,000
Illinois
See Similar DealsMultiFamily3,800 SF
Sold 10/13/2021
SOLD
Jameson Sotheby's Int'l Realty Acquires Multifamily In Chicago For $1.085M
3125 North Kenmore Avenue, Chicago, IL 60657
See Similar DealsMultiFamily3,800 SF
Sold 10/13/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$285
Total Square Footage:3,800 SF
Transaction Type:Sale
A multifamily property located at 3125 N Kenmore Ave in Chicago, was recently sold for a price of $1,085,000. The property spans a total area of 3,800 square feet, resulting in a price per square foot of $286. The lot size is 3,049 square feet, equating to a price per lot square foot of $356.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,085,000
- Address: 3125 N Kenmore Ave, Chicago
- Market: Chicago
- Property Size: 3,800 square feet
- Price Per Square Foot: $286
- Lot Size: 3,049 square feet
- Price Per Lot Square Foot: $356
The buyer of this property was represented by Luke Wojcik from Jameson Sotheby's International Realty, while the seller was represented by Greg Viti from Keller Williams OneChicago.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,854.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,143.45
Annual Debt Service$61,721.44
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