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3648 North Greenview Avenue

Olin Eargle Represents Buyer In $1.7M Multifamily Sale In Chicago
SOLDMultiFamily

Olin Eargle Represents Buyer In $1.7M Multifamily Sale In Chicago

3648 North Greenview Avenue

$1,707,150

Building Size

Asset Type

MultiFamily

Closing

Apr 30, 2024

AI

The multifamily property located at 3648 North Greenview Avenue in Chicago was recently sold for $1,707,150. The property consists of 3 units, with each unit costing $569,050.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,707,150
  • Address: 3648 North Greenview Avenue
  • Units: 3
  • Price Per Unit: $569,050
  • Market: Chicago

Olin Eargle from @properties Christie's International Real Estate represented the buyer in this transaction, while Michael Wojcik and Richard Kasper from Compass represented the seller.

Players

Richard Kasper

Compass

Broker

$8M

vol

6 deals

Broker

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

9.29%

Cash-on-Cash

-2.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93