Interra Realty Brokers Complete $1.5M Sale Of 18-Unit Multifamily In Chicago
4520 South Vincennes Avenue, Chicago, IL, USA
$1,500,000
$2,238/SF
Building Size
670 SF
Asset Type
MultiFamily
Closing
Apr 20, 2021
AI
The recently closed property transaction in Chicago involves a multifamily asset located at 4520 S. Vincennes Ave. The property consists of 18 units, with a per unit price of $83,333. The transaction took place on 04/21/2021, and the property was sold for a total price of $1,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 4520 S. Vincennes Ave.
- Market: Chicago
- Units: 18
- Price Per Unit: $83,333
The transaction was facilitated by the brokerage firm Interra Realty, with Lucas Fryman, David Goss, Jon Morgan, and Sam Gutierrez representing the parties involved in the deal.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93