Updated Dec 21, 2023
Joe Smazal's Interra Realty Closes $8.3M Sale Of Skokie Multifamily Property
4602 Grove St, Skokie, IL, USA
$8,300,000
$7,545/SF
Building Size
1,100 SF
Asset Type
MultiFamily
Closing
Oct 24, 2021
About this deal
AI
The multifamily property located at 4602 Grove St. in Skokie, Illinois has been sold for a total price of $8,300,000. The transaction took place on October 24, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,300,000
- Address: 4602 Grove St., Skokie, IL
- Market: Skokie, IL
The sale of this property was facilitated by Joe Smazal from Interra Realty. Joe Smazal represented the buyer or seller during the transaction.
This multifamily property consists of 43 units, with an average price per unit of $193,023.
Players
Skokie 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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93