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4606 North Damen Avenue

Updated Dec 4, 2024

Brian Rayski & Aaron Anovitz Facilitate $1M Multifamily Sale In Chicago
SOLDMultiFamily

Brian Rayski & Aaron Anovitz Facilitate $1M Multifamily Sale In Chicago

4606 North Damen Avenue

$1,000,000

Building Size

Asset Type

MultiFamily

Closing

Apr 3, 2024

About this deal

AI

A multifamily property located at 4606 North Damen Avenue in Chicago was sold for $1,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Address: 4606 North Damen Avenue
  • Market: Chicago

The transaction involved buyer representation by Brian Rayski of ARNI Realty Incorporated and seller representation by Aaron Anovitz of Anovitz Associates Inc.

The multifamily sale at 4606 North Damen Avenue in Chicago, Illinois sold for $1M in 2024. 4606 North Damen Avenue is classified as Multifamily on Traded. Aaron Anovitz, Brian Rayski, ARNI Realty, Anovitz Associates appear on the sale alongside ARNI Realty, Anovitz Associates. This page is the Chicago, Illinois file for the 4606 North Damen Avenue 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 4606 North Damen Avenue around 2024. Published consideration for 4606 North Damen Avenue is $1M, dated 2024. Cite this Brian Rayski & Aaron Anovitz Facilitate $1M Multifamily Sale In Chicago sale when underwriting similar multifamily product around Chicago, Illinois.

Players

Aaron Anovitz

Anovitz Associates

Broker

$2.2M

vol

2 deals

Broker

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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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