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330 W Evergreen Ave, Old To...

Downtown Realty Company & Keller Williams Broker Multifamily Sale On 330 W Evergreen For $1.44M
SOLDMultiFamily

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

Quentin Green

Downtown Realty Company

Broker

$8.5M

vol

6 deals

Broker

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