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
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.
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