Downtown Realty Company & Keller Williams Broker Multifamily Sale On 330 W Evergreen For $1.44M
330 W Evergreen Ave, Old Town, Chicago, IL, USA
$1,440,000
$320/SF
Building Size
4,500 SF
Asset Type
MultiFamily
Closing
Sep 2, 2021
AI
The multifamily property located at 330 W Evergreen in Old Town, Chicago was recently sold in a closed transaction. The property consists of 4 units with a total square footage of 4,500. The asking price for the property was $1,450,000, and it was sold for $1,440,000. This translates to a price per unit of $360,000 and a price per square foot of $320.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,440,000
- Address: 330 W Evergreen, Old Town, Chicago
- Market: Old Town, Chicago
- Units: 4
- Price per Unit: $360,000
- Square Footage: 4,500
- Price per Square Foot: $320
The sale of this property was facilitated by Quentin Green from Downtown Realty Company and Niko Apostal from Keller Williams. Quentin Green represented the buyer, while Niko Apostal represented the seller. This transaction took place on 09/03/2021.
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
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93