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3513 North Sheffield Avenue

Alex Wolking & Andrei Savtchenko Facilitate $1.6M Sale Of Multifamily Property In Chicago
SOLDMultiFamily

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:

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

Alex Wolking

Keller Williams Realty

Broker

$25.1M

vol

13 deals

Broker

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