Updated Dec 21, 2023
Chih-Hao Yang Acquires Multifamily Property In Chicago For $1.295M
4635 North Winthrop Avenue, Chicago, IL, USA
$1,295,000
$215/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Oct 13, 2021
About this deal
AI
A multifamily property located at 4635 Winthrop in Chicago has been sold in a recent transaction. The property consists of 6 units and was sold for a price of $1,295,000. This translates to an average price per unit of $215,833. The transaction took place on 10/14/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,295,000
- Address: 4635 Winthrop, Chicago
- Market: Chicago
Chih-Hao Yang from Fulton Grace Realty represented the buyer in the transaction, while Jaimie Steinher from Essex Realty Group represented the seller. The asking price for the property was $1,324,000, and it was successfully sold for $1,295,000.
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
12.25%
Cash-on-Cash
-3.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93