facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

4630 W 79th St Chicago, IL ...

Kyle Stengle, Jack Stanton & Quentin Benedetto Sell Burbank MultiFamily For $3.63M
SOLDMultiFamily

Kyle Stengle, Jack Stanton & Quentin Benedetto Sell Burbank MultiFamily For $3.63M

4630 W 79th St Chicago, IL 60652, USA

$3,630,000

$144/SF

Building Size

25,140 SF

Asset Type

MultiFamily

Closing

Jul 6, 2023

AI

The multi-family property located at 4630, 4636, 4640, 4650, and 4658 West 79th Street in Burbank, IL has been sold. The property consists of 33 units, with an average price per unit of $110,000. It spans over an area of 25,140 square feet, with an average price per square foot of $144. The transaction was completed for a total sale price of $3,630,000.

Summary of transaction details

The sale of the property was facilitated by Kyle Stengle, who represented the seller. Jack Stanton and Quentin Benedetto from Marcus & Millichap also played a crucial role in the transaction.

Players

Kyle Stengle

Marcus & Millichap

Broker

$198.4M

vol

44 deals

Broker

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

4.37%

Cash-on-Cash

-1.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93