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3125 North Kenmore Avenue, ...

Jameson Sotheby's Int'l Realty Acquires Multifamily In Chicago For $1.085M
SOLDMultiFamily

Jameson Sotheby's Int'l Realty Acquires Multifamily In Chicago For $1.085M

3125 North Kenmore Avenue, Chicago, IL 60657

$1,085,000

$285/SF

Building Size

3,800 SF

Asset Type

MultiFamily

Closing

Oct 13, 2021

AI

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.

Players

Luke Wojcik

Broker

$5.5M

vol

3 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

14.62%

Cash-on-Cash

-4.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93