Exit Strategy Realty Acquires Multifamily Property In Chicago For $1M
3637 North Janssen Avenue, Chicago, IL, USA
$1,000,000
$769/SF
Building Size
1,300 SF
Asset Type
MultiFamily
Closing
Apr 19, 2021
AI
A multifamily property located at 3637 N Janssen Ave in Chicago has been sold for $1,000,000. The property consists of 3 units, resulting in a price per unit of $333,333.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Units: 3
- Price Per Unit: $333,333
Derek Walvoord from Exit Strategy Realty - EMA Management represented the buyer in this transaction, while Matthew Cohen & Natasha Motev from Jameson Sotheby's Intl Realty represented the seller.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93