Updated Dec 19, 2023
Kiser Group Brokers Aaron Sklar & Noah Birk Sell Multifamily Property In Bronzeville, Chicago For $876,000
4918 South Vincennes Avenue, Chicago, Illinois 60615, United States
$876,000
$78/SF
Building Size
11,200 SF
Asset Type
MultiFamily
Closing
Jul 7, 2022
About this deal
AI
The multifamily property located at 4918 S Vincennes Ave in Bronzeville, Chicago has been sold for a total price of $876,000. The transaction was completed on 07/08/2022. The property consists of 10 units, with an average price per unit of $87,600. The total square footage of the property is 11,200, resulting in a price per square foot of $78.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $876,000
- Units: 10
- Price Per Unit: $87,600
- Total Square Footage: 11,200
- Price Per Square Foot: $78
- Address: 4918 S Vincennes Ave, Bronzeville, Chicago
- Date of Transaction: 07/08/2022
The sale of this multifamily property was facilitated by brokers Aaron Sklar & Noah Birk from Kiser Group. They represented the parties involved in the transaction and ensured a successful deal.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.11%
Cash-on-Cash
-5.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93