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Phil Byers - Byers Home Team - Compass Acquires Chicago Multifamily For $1.25M

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SOLD
$1,250,000

Illinois

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MultiFamily3,049 SF
Sold 04/15/2022
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SOLD

Phil Byers - Byers Home Team - Compass Acquires Chicago Multifamily For $1.25M

3212 North Kenmore Avenue, Chicago, Illinois 60657, United States

See Similar Deals
MultiFamily3,049 SF
Sold 04/15/2022
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$410
Total Square Footage:3,049 SF
Transaction Type:Sale

The multifamily property located at 3212 N Kenmore Ave in Chicago has been sold for a price of $1,250,000. The property spans across a lot size of 3,049 square feet, resulting in a price per square foot of $410.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Lot Size: 3,049 square feet
  • Price per Square Foot: $410
  • Address: 3212 N Kenmore Ave, Chicago

Phil Byers from Byers Home Team at Compass represented the buyer in this transaction. Owen Duffy from Fulton Grace Realty acted as the seller's representative.

Players

Phil Byers
2 deals$3M volume
BROKER

Details

SOLD
IMAGE: Phil Byers & Owen Duffy DATE: 04/15/2022 ADDRESS: 3212 N Kenmore Ave MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Phil Byers - Byers Home Team - Compass SELLER'S REP: Owen Duffy - Fulton Grace Realty SALE PRICE: $1,250,000 LOT SF: 3,049 ~ PPLSF: $410

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
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