Updated Sep 9, 2024
Kiser Group Represents Sale Of 6-Unit Multifamily In Bronzeville, Chicago For $975K
4526 South Calumet Avenue
$975,000
$162/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Jul 22, 2022
About this deal
AI
The multifamily property located at 4526 S Calumet Ave in Bronzeville, Chicago has been sold for a price of $975,000. The property consists of 6 units, with a price per unit of $162,500. The total square footage of the property is 6,000, resulting in a price per square foot of $163.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $975,000
- Units: 6
- Price per Unit: $162,500
- Total Square Footage: 6,000
- Price per Square Foot: $163
The sale of the property was facilitated by Aaron Sklar and Noah Birk from Kiser Group.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
16.27%
Cash-on-Cash
-4.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93