Stephen (Steve) Scheuring - Compass Acquires Multifamily Property In Chicago For $1.06M
3629 North Wayne Avenue, Chicago, IL 60613, USA
$1,062,500
$406/SF
Building Size
2,613 SF
Asset Type
MultiFamily
Closing
Apr 1, 2021
AI
Located at 3629 N Wayne Ave in Chicago, this multifamily property was recently sold in a closed transaction. The property features a total of 3 units, with each unit being sold at an average price of $354,167. The total sale price for the property amounted to $1,062,500. The transaction took place on April 2, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,062,500
- Units: 3
- Price per Unit: $354,167
- Address: 3629 N Wayne Ave, Chicago
The buyer of this property was represented by Stephen (Steve) Scheuring from Compass, while the seller was represented by Karen Skurie from Baird & Warner.
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
14.93%
Cash-on-Cash
-4.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93