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3735 N Sheffield Ave, Chica...

Updated Jan 30, 2024

Debra Kaden Acquires Multifamily Property In Chicago For $1.075M
SOLDMultiFamily

Debra Kaden Acquires Multifamily Property In Chicago For $1.075M

3735 N Sheffield Ave, Chicago, IL, USA

$1,075,000

$225/SF

Building Size

4,761 SF

Asset Type

MultiFamily

Closing

Feb 21, 2021

About this deal

AI

An multifamily property located at 3735 N Sheffield Ave in Chicago has been sold in a recent transaction. The sale took place on February 22, 2021, with Debra Kaden representing the buyer and Philip Barone & Maureen Barone from Compass representing the seller. The property was sold for a price of $1,075,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,075,000
  • Date: 02/22/2021
  • Address: 3735 N Sheffield Ave
  • Market: Chicago
  • Buyer's Rep: Debra Kaden roperties
  • Seller's Rep: Philip Barone & Maureen Barone - Compass

The multifamily property located at 3735 N Sheffield Ave in Chicago was sold with Debra Kaden representing the buyer and Philip Barone & Maureen Barone from Compass representing the seller. The transaction was completed on February 22, 2021, for a total sale price of $1,075,000.

Players

Maureen Barone

Compass

Broker

$2.1M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $225 per square foot on a published $1.1M for 4,761 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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