Updated Nov 17, 2023
Chicago Multifamily Property Sold With 1869 Units
3233 S King Dr Chicago, IL 60616, USA
$150,000,000
Units
1,869
Asset Type
MultiFamily
Closing
May 8, 2023
About this deal
AI
A multi-family property in Chicago has recently been sold in a closed transaction. The property consists of 1869 units, with a sale price of 0.0$. The price per unit (PPU) is 0.0$. The total square footage of the property is unknown. The transaction took place on an undisclosed date.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: 0.0$
- Units: 1869
- Price Per Unit (PPU): 0.0$
- Square Footage (SF): Unknown
- Address: Chicago
No additional information is available about the buyer, seller, buyer's representative, seller's representative, or the brokers involved in the transaction.
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
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93