Dream Town Realty Sells Multifamily Property In Chicago For $1.25M
4842 North Hoyne Avenue, Chicago, IL, USA
$1,250,000
$177/SF
Building Size
7,050 SF
Asset Type
MultiFamily
Closing
Sep 27, 2021
AI
The multifamily property located at 4842 N Hoyne Ave in Chicago has been sold for a price of $1,250,000. The property consists of 6 units, resulting in a price per unit of $208,333. The lot size is 7,050 square feet, equating to a price per square foot of $177.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Units: 6
- Price per Unit: $208,333
- Lot Size: 7,050 square feet
- Price per Square Foot: $177
The sale of this property was facilitated by Phil Mistrata of Dream Town Realty. He represented the parties involved in the transaction and ensured a successful deal.
Players
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93