facebook
Traded Co logo
Submit

Exit Strategy Realty Acquires Multifamily Property In Chicago For $1M

Property Image
SOLD
$1,000,000
Natasha Motev
Matthew Cohen
Derek Walvoord

Illinois

See Similar Deals
MultiFamily1,300 SF
Sold 04/20/2021
the dealplayerscompscontact
Property Image
SOLD

Exit Strategy Realty Acquires Multifamily Property In Chicago For $1M

3637 North Janssen Avenue, Chicago, IL, USA

See Similar Deals
MultiFamily1,300 SF
Sold 04/20/2021
Natasha Motev
Matthew Cohen
Derek Walvoord
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$769
Total Square Footage:1,300 SF
Transaction Type:Sale

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

Matthew Cohen
Maverick Commercial Mortgage
Matthew Cohen
5 deals$5M volume
BROKER
Derek Walvoord
Exit Realty Group
Derek Walvoord
1 deal$1M volume
BROKER
Natasha Motev
Sotheby's International Realty
Natasha Motev
5 deals$13M volume
BROKER

Details

SOLD
IMAGE: Natasha Motev, Derek Walvoord & Matthew Cohen DATE: 04/20/2021 ADDRESS: 3637 N Janssen Ave MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Derek Walvoord - Exit Strategy Realty - EMA Management SELLER'S REP: Matthew Cohen & Natasha Motev - Jameson Sotheby's Intl Realty PRICE: $1,000,000 UNITS: 3 ~ PPU: $333,333

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12