Grigory Pekarsky & Joseph Root Acquire Multifamily Property In Chicago For $2.53M
3849 N Southport Ave, Chicago, IL, USA
$2,530,000
$318/SF
Building Size
7,954 SF
Asset Type
MultiFamily
Closing
Jun 3, 2021
AI
The multifamily property located at 3849 N Southport Ave in Chicago has been sold for a price of $2,530,000. The transaction took place on 06/04/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,530,000
- Address: 3849 N Southport Ave, Chicago
- Market: Chicago
The buyer's representative in this deal was Grigory Pekarsky from Vesta Preferred LLC. On the other hand, Joseph Root and Ayebitorofa Itima from Root Realty, Inc. served as the seller's representatives.
Players
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
6.27%
Cash-on-Cash
-1.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93