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
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
9.29%
Cash-on-Cash
-2.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93