Updated Dec 18, 2023
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
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
13.11%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93