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3522 Oak Park Avenue, Berwy...

Updated Dec 21, 2023

Interra Realty Facilitates $1.15M Multifamily Sale In Berwyn
SOLDMultiFamily

Interra Realty Facilitates $1.15M Multifamily Sale In Berwyn

3522 Oak Park Avenue, Berwyn, Illinois 60402, United States

$1,150,000

$123/SF

Building Size

9,300 SF

Asset Type

MultiFamily

Closing

Dec 16, 2021

About this deal

AI

A multifamily property located at 3522-3530 S Oak Park Ave in Berwyn was recently sold for $1,150,000. The property consists of 12 units with an average price per unit of $95,833. The total square footage of the property is 9,300, resulting in a price per square foot of $124.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Address: 3522-3530 S Oak Park Ave, Berwyn
  • Market: Berwyn

The sale of this multifamily property was facilitated by Paul Waterloo and Patrick Kennelly from Interra Realty. They represented the parties involved in the transaction as brokers.

Players

Patrick Kennelly

Interra Realty

Broker

$332.7M

vol

53 deals

Broker

Berwyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $123 per square foot on a published $1.2M for 9,300 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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