Updated Dec 20, 2023
Essex Realty Group, Inc. Represents Sale Of Multifamily Property In Ravenswood For $10.1M
4407 North Greenview Avenue, Uptown, Chicago, IL, USA
$10,075,000
Units
45
Asset Type
MultiFamily
Closing
Nov 24, 2021
About this deal
AI
Located at 4407-4415 N. Greenview Avenue in Ravenswood, this multifamily property was recently sold for a total price of $10,075,000. The transaction took place on November 24, 2021, and was facilitated by Steven Livaditis and Matt Feo of Essex Realty Group, Inc. The property consists of 45 units, resulting in an average price per unit of $223,889.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,075,000
- Units: 45
- Price per Unit: $223,889
The sale of this multifamily property at 4407-4415 N. Greenview Avenue in Ravenswood was handled by Steven Livaditis and Matt Feo from Essex Realty Group, Inc. Their expertise in the real estate market contributed to the successful completion of this 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
1.57%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93