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432 South Maple Avenue

Jimmy Donahue Of Matthews Real Estate Sells Oak Park Multifamily For $2.11M
SOLDMultiFamily

Jimmy Donahue Of Matthews Real Estate Sells Oak Park Multifamily For $2.11M

432 South Maple Avenue

$2,110,000

Building Size

Asset Type

MultiFamily

Closing

Jun 5, 2024

AI

The 16-unit multifamily property located at 432 South Maple Avenue in Oak Park was sold for $2,110,000 on 06/05/2024, equating to $131,875 per unit.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,110,000
  • Units: 16
  • Price Per Unit: $131,875
  • Address: 432 South Maple Avenue
  • Market: Oak Park

Jimmy Donahue from Matthews Real Estate Investment Services served as the broker for the transaction, overseeing the successful sale of the property at 432 S Maple in Oak Park, IL.

Players

Jimmy Donahue

Essex Realty Group

Broker

$40.7M

vol

8 deals

Broker

Oak 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

7.52%

Cash-on-Cash

-2.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93