Billie Diamond Acquires Multifamily Asset In Chicago For $1.01M
SOLD
$1,009,500
Illinois
See Similar DealsMultiFamily3,646 SF
Sold 11/30/2021
SOLD
Billie Diamond Acquires Multifamily Asset In Chicago For $1.01M
4451 N Campbell Ave, Chicago, IL, USA
See Similar DealsMultiFamily3,646 SF
Sold 11/30/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$276
Total Square Footage:3,646 SF
Transaction Type:Sale
A multifamily property located at 4451 N Campbell Ave in Chicago was recently sold for a total price of $1,009,500. The property spans a total area of 3,646 square feet, resulting in a price per square foot of $277. The lot size is 3,750 square feet, with a price per square foot of $269.
Summary of transation details
- Property Type: Mutifamily
- Transaction Amount: $1,009,500
- Address: 4451 N Campbell Ave, Chicago
- Market: Chicago
Billie Diamond Properties represented the buyer in this transaction, while Alexander Dee and Oleg Lerner served as the seller's representatives.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,839.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,586.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,785.55
Annual Debt Service$57,426.54
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