Updated Dec 18, 2023
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
About this deal
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.
On the Map
$1,025,000
$328/SF
MultiFamily
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Players
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