facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

3655 South Indiana Avenue

Multifamily Property In Chicago Sold For $1.22M With Buyer's Rep Jerry Brown & Seller's Rep CaseyAnn Reid And Joanna Olszynska
SOLDMultiFamily

Multifamily Property In Chicago Sold For $1.22M With Buyer's Rep Jerry Brown & Seller's Rep CaseyAnn Reid And Joanna Olszynska

3655 South Indiana Avenue

$1,220,000

Building Size

Asset Type

MultiFamily

Closing

Oct 30, 2023

AI

A multifamily property located at 3655 South Indiana Avenue in Chicago has been sold for $1,220,000. The transaction was facilitated by buyer's representative Jerry Brown from Keller Williams ONEChicago and seller's representatives CaseyAnn Reid and Joanna Olszynska from Compass. The property consists of three units, with a per-unit price of $406,667.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,220,000
  • Address: 3655 South Indiana Avenue
  • Market: Chicago
  • Buyer's Representative: Jerry Brown - Keller Williams ONEChicago
  • Seller's Representatives: CaseyAnn Reid & Joanna Olszynska - Compass
  • Units: 3
  • Per Unit Price: $406,667

The sale of this multifamily property provides a great investment opportunity. With a transaction price of $1,220,000, the property offers three units, each with a per-unit price of $406,667. The buyer's representative, Jerry Brown from Keller Williams ONEChicago, and the seller's representatives, CaseyAnn Reid and Joanna Olszynska from Compass, played pivotal roles in facilitating this transaction.

Players

Joanna Olszynska

Compass

Broker

$1.2M

vol

1 deal

Broker

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

13.00%

Cash-on-Cash

-3.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93