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
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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93