Omorodion Eguasa Acquires Multifamily Property In Chicago For $1.055M As Buyer's Rep
4224 South Langley Avenue
$1,055,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 22, 2024
AI
4224 South Langley Avenue in Chicago, a multifamily property, sold for $1,055,000. Omorodion Eguasa from Dream Town Real Estate represented the buyer, while Karen Biazar & Staci Slattery from North Clybourn Group represented the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,055,000
- Address: 4224 South Langley Avenue
- Market: Chicago
Omorodion Eguasa of Dream Town Real Estate acted as the buyer's representative, whereas Karen Biazar and Staci Slattery of North Clybourn Group served as the seller's representatives in the transaction.
Players
Chicago 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
15.04%
Cash-on-Cash
-4.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93