Compass Acquires Multifamily Property In Chicago For $1.025M
SOLD
Illinois
See Similar DealsMultiFamily3,123 SF
Sold 04/08/2022
SOLD
Compass Acquires Multifamily Property In Chicago For $1.025M
4917 South Champlain Avenue, Chicago, Illinois 60615, United States
See Similar DealsMultiFamily3,123 SF
Sold 04/08/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$328
Total Square Footage:3,123 SF
Transaction Type:Sale
The multifamily property located at 4917 S Champlain Ave in Chicago has been sold for a price of $1,025,000. The property sits on a lot with an area of 3,123 square feet, resulting in a price per square foot of $328.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Lot Size: 3,123 square feet
- Price per Square Foot: $328
- Date: 04/08/2022
- Market: Chicago
The buyer's representative in this transaction was DeVon Chandler from Compass, while the seller's representative was Karen Biazar from North Clybourn Group, Inc.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28
Is there something missing? Send suggestions