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Beco Kalamperovic & Melissa Morgan Facilitate $1.375M Multifamily Sale In Chicago

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SOLD
$1,375,000

Illinois

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MultiFamily
Sold 04/19/2024
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Property Image
SOLD

Beco Kalamperovic & Melissa Morgan Facilitate $1.375M Multifamily Sale In Chicago

3145 North Nordica Avenue

See Similar Deals
MultiFamily
Sold 04/19/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

In Chicago, a multifamily property located at 3145 North Nordica Avenue was sold for $1,375,000, equating to a price per unit of $152,778 for its nine units.

Summary of transaction details:

The transaction involved Melissa Morgan of Flats, LLC representing the seller and Beco Kalamperovic of Dream Town Real Estate representing the buyer.

Players

Melissa Morgan
4 deals$5.1M volume
BROKER

Beco Kalamperovic
Dream Town Real Estate
1 deal$1.4M volume(312) 493-3947
BROKER

Details

SOLD
IMAGE: Beco Kalamperovic DATE: 04/19/2024 ADDRESS: 3145 North Nordica Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Beco Kalamperovic (@Beco.K) - Dream Town Real Estate (@DreamTownChicago) SELLER'S REP: Melissa Morgan - Flats, LLC SALE PRICE: $1,375,000 UNITS: 9 ~ PPU: $152,778 NOTE: In Chicago, a multifamily property located at 3145 North Nordica Avenue was sold for $1,375,000, equating to a price per unit of $152,778 for its nine units. The transaction involved Melissa Morgan of Flats, LLC representing the seller and Beco Kalamperovic of Dream Town Real Estate representing the buyer.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$73,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,885.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,518.20
Annual Debt Service$78,218.42