Matt Laricy - Americorp, Ltd Acquires 3-Unit Multifamily Property On 3337 N Kenmore Ave In Chicago For $1.125M
SOLD
$1,125,000
Illinois
See Similar DealsMultiFamily3,049 SF
Sold 03/08/2021
SOLD
Matt Laricy - Americorp, Ltd Acquires 3-Unit Multifamily Property On 3337 N Kenmore Ave In Chicago For $1.125M
3337 North Kenmore Avenue, Chicago, IL, USA
See Similar DealsMultiFamily3,049 SF
Sold 03/08/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$369
Total Square Footage:3,049 SF
Transaction Type:Sale
The multifamily property located at 3337 N Kenmore Ave in Chicago has been sold. The transaction took place on 03/08/2021 at a price of $1,125,000. The property consists of 3 units, with an approximate price per unit of $375,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,125,000
Matt Laricy from Americorp, Ltd represented the buyer in this transaction, while Ryan McKane from Redfin Corporation represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89
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