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
Schiller Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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