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4407 North Moody Avenue, Ch...

Updated Dec 18, 2023

Hometown Real Estate Acquires Multifamily Property In Chicago For $1.21M
SOLDMultiFamily

Hometown Real Estate Acquires Multifamily Property In Chicago For $1.21M

4407 North Moody Avenue, Chicago, IL, USA

$1,210,000

$364/SF

Building Size

3,319 SF

Asset Type

MultiFamily

Closing

Feb 24, 2021

About this deal

AI

Located at 4407 N Moody Ave in Chicago, this multifamily property was recently sold for $1,210,000. The transaction took place on February 25, 2021. The property consists of 7 units, resulting in a per unit price of approximately $172,857. The sale was facilitated by Luminita Ispas from Century 21 S.G.R., Inc., representing the seller, and Jiranan Skolba from Hometown Real Estate, representing the buyer.

Summary of transaction details

  • Property Type: Multifamily
  • Date: 02/25/2021
  • Address: 4407 N Moody Ave, Chicago
  • Market: Chicago
  • Buyer's Rep: Jiranan Skolba - Hometown Real Estate
  • Seller's Rep: Luminita Ispas - Century 21 S.G.R., Inc.
  • Price: $1,210,000
  • Units: 7
  • PPU: $172,857

Luminita Ispas from Century 21 S.G.R., Inc. and Jiranan Skolba from Hometown Real Estate played crucial roles as the seller's and buyer's representatives, respectively, in this transaction. They ensured a smooth process, representing their clients' interests throughout the deal.

Players

Jiranan Skolba

Broker

$1.2M

vol

1 deal

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $364 per square foot on a published $1.2M for 3,319 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.11%

Cash-on-Cash

-3.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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