Updated Dec 4, 2024
Jimmy Donahue Of Matthews Real Estate Sells Oak Park Multifamily For $2.11M
432 South Maple Avenue
$2,110,000
Units
16
Asset Type
MultiFamily
Closing
Jun 5, 2024
About this deal
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.
The multifamily sale at 432 South Maple Avenue in Oak Park, Illinois sold for $2.1M in 2024. Reported inventory is 16 units across 16 units. Jimmy Donahue, Matthews appear on the sale alongside Matthews. This page is the Oak Park, Illinois file for the 432 South Maple Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Oak Park sit in the Market section below. Filter that Oak Park multifamily set by closing date to see what else sold near 432 South Maple Avenue around 2024. Published consideration for 432 South Maple Avenue is $2.1M, dated 2024. Cite this Jimmy Donahue Of Matthews Real Estate Sells Oak Park Multifamily For $2.11M sale when underwriting similar multifamily product around Oak Park, Illinois.
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