Updated Sep 9, 2024
Dream Town Realty Sells 2-Unit Multifamily Property In Chicago For $1.11M
3423 N Oakley Ave, Chicago, IL, USA
$1,110,000
$437/SF
Building Size
2,540 SF
Asset Type
MultiFamily
Closing
May 2, 2021
About this deal
AI
The multifamily property located at 3423 N Oakley Ave in Chicago has been sold for a price of $1,110,000. The sale took place on 05/03/2021 and the property consists of 2 units. The price per unit was $555,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,110,000
- Address: 3423 N Oakley Ave, Chicago
- Units: 2
- Price Per Unit: $555,000
The buyer's representative in this transaction was Sarita Scherpereel from Kale Realty, while the seller's representative was Craig Franzen from Dream Town Realty.
On the Map
$1,110,000
$437/SF
MultiFamily
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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
14.29%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93