Updated Dec 4, 2024
Alex Wolking & Andrei Savtchenko Facilitate $1.6M Sale Of Multifamily Property In Chicago
3513 North Sheffield Avenue
$1,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 5, 2024
About this deal
AI
3513 North Sheffield Avenue in Chicago is a multifamily property that was sold for $1,600,000. The transaction was facilitated by Alex Wolking of Keller Williams ONEChicago who represented the buyer, and Andrei Savtchenko of Compass who represented the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 3513 North Sheffield Avenue
- Market: Chicago
- Buyer's Rep: Alex Wolking - Keller Williams ONEChicago
- Seller's Rep: Andrei Savtchenko - Compass
The deal's key individuals involved in the transaction were Alex Wolking of Keller Williams ONEChicago, representing the buyer, and Andrei Savtchenko of Compass, representing the seller.
On the Map
$1,600,000
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93