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4917 South Champlain Avenue...

Compass Acquires Multifamily Property In Chicago For $1.025M
SOLDMultiFamily

Compass Acquires Multifamily Property In Chicago For $1.025M

4917 South Champlain Avenue, Chicago, Illinois 60615, United States

$1,025,000

$328/SF

Building Size

3,123 SF

Asset Type

MultiFamily

Closing

Apr 7, 2022

AI

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

Karen Biazar

North Clybourn Group

Broker

$34.4M

vol

24 deals

Broker

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

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93