Updated Dec 21, 2023
Ulysses Taylor Acquires Multifamily In Albany Park, Chicago For $1.2M
4724 North Troy Street, Chicago, Illinois 60625, United States
$1,200,000
$171/SF
Building Size
6,996 SF
Asset Type
MultiFamily
Closing
Apr 14, 2022
About this deal
AI
An attractive multifamily property located at 4724 N Troy St in Albany Park, Chicago, was recently sold for a total price of $1,200,000. This property consists of 4 units, with each unit approximately valued at $300,000. The total square footage of this multifamily asset is 6,996, making the price per square foot $172. The transaction took place on April 15, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 4
- Price per Unit (PPU): $300,000
- Square Footage (SF): 6,996
- Price per Square Foot (PPSF): $172
- Address: 4724 N Troy St, Albany Park, Chicago
- Market: Albany Park, Chicago
The buyer of this property was Ulysses Taylor, while the seller was Nebojsa Cvetkovski. The transaction was facilitated by Emilia Crespo from RCI Realty, acting as the representative for the buyer. The deal closed successfully on April 15, 2022.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit RCI Realty to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93