facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

3225 West 111th Street, Chi...

Danny Mantis & Matt Halper Of Kiser Group Sell Mount Greenwood Multifamily For $1.8M
SOLDMultiFamily

Danny Mantis & Matt Halper Of Kiser Group Sell Mount Greenwood Multifamily For $1.8M

3225 West 111th Street, Chicago, Illinois 60655, United States

$1,800,000

$163/SF

Building Size

11,000 SF

Asset Type

MultiFamily

Closing

Jun 29, 2022

AI

The multifamily property located at 3225 W 111th St in Mount Greenwood, Chicago was recently sold for a total price of $1,800,000. The property consists of 18 units, with a price per unit of $100,000. The total square footage of the property is 11,000, resulting in a price per square foot of $164.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,800,000
  • Units: 18
  • Price per Unit: $100,000
  • Square Footage: 11,000
  • Price per Square Foot: $164
  • Address: 3225 W 111th St, Mount Greenwood, Chicago

This successful transaction was facilitated by brokers Danny Mantis and Matt Halper from Kiser Group. They represented the parties involved in the deal and ensured a smooth and efficient process.

Players

Matt Halper

Kiser Group

Broker

$47.8M

vol

13 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93