SOLDMultiFamily
452 North May Street Multifamily Property In Chicago Sold For $1.215M With Buyer's Rep Nedal Kawash & Seller's Rep Brandon Carlson
452 North May Street
$1,215,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 11, 2024
AI
452 North May Street, a multifamily property in Chicago, was sold for $1,215,000. The property is located in the market of Chicago.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,215,000
- Address: 452 North May Street, Chicago
- Buyer's Representative: Nedal Kawash - Brickwell Realty
- Seller's Representative: Brandon Carlson - Mo2 Properties
Nedal Kawash, representing Hudson Burnham Real Estate, acted as the buyer's representative in the transaction. Brandon Carlson, from Mo2 Properties, represented the seller.
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
13.06%
Cash-on-Cash
-3.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93