Updated Dec 21, 2023
Barbara Biederman Acquires Multifamily Property In Chicago For $1.23M
3318 West Diversey Avenue, Chicago, IL, USA
$1,235,000
$146/SF
Building Size
8,451 SF
Asset Type
MultiFamily
Closing
Feb 10, 2021
About this deal
AI
The multifamily property located at 3318 W Diversey Ave in Chicago was recently sold for a total price of $1,235,000. The sale took place on February 11, 2021. The property spans across 8,451 square feet, resulting in a price per square foot of $146.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,235,000
The buyer's representative in this transaction was Barbara Biederman from Coldwell Banker Realty, while the seller's representative was Isay Danon from Your New Address Chicago, LLC.
Note: No additional information was provided regarding the property or the individuals involved in the deal.
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
12.84%
Cash-on-Cash
-3.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93