Updated Dec 20, 2023
Interra Realty Brokers $3.3M Sale Of Avondale Multifamily
3149 North Springfield Avenue, Chicago, Illinois 60618, United States
$3,275,000
$227/SF
Building Size
14,410 SF
Asset Type
MultiFamily
Closing
Feb 28, 2022
About this deal
AI
The multifamily property located at 3149 N. Springfield Ave in Avondale, Chicago, was recently sold for a sale price of $3,275,000. The transaction took place on 03/01/2022. The property consists of 23 units, encompassing a total of 14,410 square feet.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $3,275,000
- Units: 23
- Square Feet: 14,410
The sale was facilitated by Joe Smazal from Interra Realty, who served as the broker representing the parties involved in the transaction.
The multifamily sale at 3149 North Springfield Avenue, Chicago, Illinois 60618, United States in Chicago, Illinois sold for $3.3M in 2022. Reported inventory is 14,410 square feet across 23 units, or about 227 per square foot. Joe Smazal, Interra Realty appear on the sale alongside Interra Realty. This page is the Chicago, Illinois file for the 3149 North Springfield Avenue, Chicago, Illinois 60618, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 3149 North Springfield Avenue, Chicago, Illinois 60618, United States around 2022. Published consideration for 3149 North Springfield Avenue, Chicago, Illinois 60618, United States is $3.3M, dated 2022. Cite this Interra Realty Brokers $3.3M Sale Of Avondale Multifamily sale when underwriting similar multifamily product around Chicago, Illinois.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Joe Smazal to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93