Marcus & Millichap Sells 5,875 SF Multifamily Property In Chicago For $1.6M
3743 North Clifton Avenue, Chicago, Illinois 60657, United States
$1,600,000
$272/SF
Building Size
5,875 SF
Asset Type
MultiFamily
Closing
Jan 25, 2022
AI
3743 N. Clifton Ave in Chicago has been sold for $1,600,000. The property is a multifamily asset with a total area of 5,875 square feet. This translates to a price per square foot of $272.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 3743 N. Clifton Ave, Chicago
- Market: Chicago
The deal was facilitated by Marcus & Millichap's Steve Rachman, who represented the parties involved in the transaction.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93