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
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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93