Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 452 North May Street in Chicago, Illinois sold for $1.2M in 2024. 452 North May Street is classified as Multifamily on Traded. Brandon Carlson, Nedal Kawash, Mo2 Properties, Kawash Group appear on the sale alongside Mo2 Properties, Kawash Group. This page is the Chicago, Illinois file for the 452 North May Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 452 North May Street around 2024. Published consideration for 452 North May Street is $1.2M, dated 2024. Cite this 452 North May Street Multifamily Property In Chicago Sold For $1.215M With Buyer's Rep Nedal Kawash & Seller's Rep Brandon Carlson sale when underwriting similar multifamily product around Chicago, Illinois.
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