Updated Dec 4, 2024
Baird & Warner Acquires MultiFamily Property In Chicago For $1.08M With Buyer's Rep Mark Kowalik & Seller's Rep Aaron Vanderbilt
4639 South Indiana Avenue
$1,080,000
Units
3
Asset Type
MultiFamily
Closing
Feb 2, 2024
About this deal
AI
4639 South Indiana Avenue in Chicago, a multifamily property, was sold for $1,080,000. The property consists of 3 units with a per-unit price of $360,000.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,080,000
- Units: 3
- Price Per Unit: $360,000
- Buyer's Representative: Mark Kowalik - Baird & Warner
- Seller's Representative: Aaron Vanderbilt - Dream Town Real Estate
Mark Kowalik from Baird & Warner represented the buyer in the transaction, while Aaron Vanderbilt from Dream Town Real Estate represented the seller.
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
14.69%
Cash-on-Cash
-4.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93