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3810 25th Ave, Schiller Par...

Redco, Inc. Brokers $1.6M Multifamily Sale In Schiller Park, IL
SOLDMultiFamily

Redco, Inc. Brokers $1.6M Multifamily Sale In Schiller Park, IL

3810 25th Ave, Schiller Park, IL 60176, USA

$1,615,000

$148/SF

Building Size

10,867 SF

Asset Type

MultiFamily

Closing

Mar 8, 2021

AI

A multifamily property located at 3810 N 25th Ave in Schiller Park, IL has been sold for a price of $1,615,000. The property spans 10,867 square feet, resulting in a price per square foot of $149. It consists of 17 units, with each unit costing approximately $95,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,615,000
  • Address: 3810 N 25th Ave, Schiller Park, IL
  • Market: Schiller Park, IL
  • Square Footage: 10,867
  • Price per Square Foot: $149
  • Number of Units: 17
  • Price per Unit: $95,000

The sale of this property was handled by David Hejnowski from Redco, Inc.

Players

David Hejnowski

Broker

$2.7M

vol

2 deals

Broker

Schiller Park 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

9.82%

Cash-on-Cash

-2.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93