Aaron Kramer & Danny ODonoghue Of Compass Brokerage Sell Multifamily Property On N Wilton Ave For $2.6M
SOLD
$2,575,000
Illinois
See Similar DealsMultiFamily2,614 SF
Sold 09/29/2021
SOLD
Aaron Kramer & Danny ODonoghue Of Compass Brokerage Sell Multifamily Property On N Wilton Ave For $2.6M
3518 North Wilton Avenue, Chicago, IL 60657
See Similar DealsMultiFamily2,614 SF
Sold 09/29/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$985
Total Square Footage:2,614 SF
Transaction Type:Sale
Located at 3518 N Wilton Ave in Chicago, this transaction involved the sale of a multifamily property. The property consists of 4 units and sits on a lot of 2,614 square feet. The sale price for this transaction was $2,575,000, resulting in a price per unit of $643,750 and a price per square foot of $985.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,575,000
- Units: 4
- Lot Size: 2,614 square feet
- Price per Unit: $643,750
- Price per Square Foot: $985
The deal was facilitated by Aaron Kramer and Danny O'Donoghue of Compass. They represented the parties involved in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$137,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,148.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,206.81
Annual Debt Service$146,481.76
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