Updated Dec 19, 2023
Joe Smazal Of Interra Realty Sells Multifamily Property In Kelvyn Park, Chicago For $2,448,000
4400 West Parker Avenue, Chicago, Illinois 60639, United States
$2,448,000
$2,448/SF
Building Size
1,000 SF
Asset Type
MultiFamily
Closing
May 12, 2022
About this deal
AI
A multifamily property located at 4400 W Parker Ave in Kelvyn Park, Chicago, has been sold for a price of $2,448,000. The transaction took place on May 13, 2022. The property is situated in a market known as Kelvyn Park, located in Chicago.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,448,000
- Address: 4400 W Parker Ave
- Market: Kelvyn Park, Chicago
The sale was facilitated by Joe Smazal of Interra Realty, who acted as the broker for the deal.
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
6.48%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93