Updated Dec 4, 2024
Vassil Bayraktarov Sells Multifamily Property At 4540 North Ravenswood Avenue For $4.25M
4540 North Ravenswood Avenue
$4,250,000
$318/SF
Building Size
13,361 SF
Asset Type
MultiFamily
Closing
Aug 8, 2024
About this deal
AI
The property involved in the transaction is a multifamily asset located at 4540 North Ravenswood Avenue in Chicago. The sale price was $4,250,000 for 10 units, which results in a price per unit of $425,000. The total square footage of the property is 13,361, leading to a price per square foot of $318.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,250,000
- Address: 4540 North Ravenswood Avenue
- Market: Chicago
- Units: 10
- Price Per Unit: $425,000
- Square Footage: 13,361
- Price Per Square Foot: $318
- Seller: Vassil Bayraktarov
- Broker: Brad Feldman - Interra Realty
Representing the seller in this transaction was Brad Feldman from Interra Realty, who facilitated the deal involving the multifamily property in Chicago.
On the Map
$4,250,000
$318/SF
MultiFamily
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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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93