Updated Dec 20, 2023
Essex Realty Brokers Sell Berwyn Multifamily Property For $846K
3533 South Harlem Avenue, Berwyn, IL, USA
$846,000
$127/SF
Building Size
6,660 SF
Asset Type
MultiFamily
Closing
Oct 29, 2021
About this deal
AI
A multifamily property located at 3533 S. Harlem Avenue in Berwyn, Chicago Suburbs has been sold for a total price of $846,000. The property consists of 9 units, with a price per unit (PPU) of $94,000. The transaction took place on October 29, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $846,000
- Address: 3533 S. Harlem Avenue
- Market: Berwyn, Chicago Suburbs
- Units: 9
- PPU: $94,000
The sale was facilitated by Brian Karmowski, Derek Kaptanoglu, and Jordan Multack from Essex Realty.
Players
Berwyn 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
18.75%
Cash-on-Cash
-5.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93