Phil Byers - Byers Home Team - Compass Acquires Chicago Multifamily For $1.25M
3212 North Kenmore Avenue, Chicago, Illinois 60657, United States
$1,250,000
$410/SF
Building Size
3,049 SF
Asset Type
MultiFamily
Closing
Apr 14, 2022
AI
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
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93