Updated Sep 9, 2024
Interra Realty Facilitates $5.8M Sale Of Multifamily Property In Chicago
4401-11 N. Hamilton Ave,Chicago,Illinois
$5,846,000
Units
27
Asset Type
MultiFamily
Closing
Mar 9, 2023
About this deal
AI
An investment property located at 4401-11 N. Hamilton Ave in Chicago has been sold for a price of $5,846,000. This multifamily asset comprises 27 units, resulting in a per unit price of approximately $216,518.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,846,000
- Address: 4401-11 N. Hamilton Ave
- Market: Chicago
- Units: 27
- Price per Unit (PPU): $216,518
The sale of this property was facilitated by Joe Smazal from Interra Realty acting as the broker. Their expertise and representation played a crucial role in ensuring a successful 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
2.71%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93