Updated Dec 20, 2023
Jeff Wojcik Of North Clybourn Group, Inc. Sells Multifamily Property On N. Racine Avenue In Chicago For $1.15M
3636 North Racine Avenue, Chicago, IL, USA
$1,150,000
$295/SF
Building Size
3,887 SF
Asset Type
MultiFamily
Closing
Jan 6, 2021
About this deal
AI
The multifamily property located at 3636 N. Racine Avenue in Chicago was recently sold for $1,150,000. The transaction took place on January 7, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 3636 N. Racine Avenue
- Market: Chicago
John Vodopic of Coldwell Banker Realty represented the buyer in this transaction, while Jeff Wojcik from North Clybourn Group, Inc. represented the seller.
The multifamily sale at 3636 North Racine Avenue, Chicago, IL, USA in Chicago, Illinois sold for $1.2M in 2021. The building is 3,887 square feet, implying about 295 per square foot on the published price. John Vodopic, Jeff Wojcik, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Chicago, Illinois file for the 3636 North Racine Avenue, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 3636 North Racine Avenue, Chicago, IL, USA around 2021. Published consideration for 3636 North Racine Avenue, Chicago, IL, USA is $1.2M, dated 2021. Cite this Jeff Wojcik Of North Clybourn Group, Inc. Sells Multifamily Property On N. Racine Avenue In Chicago For $1.15M sale when underwriting similar multifamily product around Chicago, Illinois.
Chicago MultiFamily Market Snapshot
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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