Dream Town Realty Acquires Multifamily Asset In Chicago For $1.09M
SOLD
$1,090,000
Illinois
See Similar DealsMultiFamily3,750 SF
Sold
SOLD
Dream Town Realty Acquires Multifamily Asset In Chicago For $1.09M
4925 North Washtenaw Avenue, Chicago, IL 60625
See Similar DealsMultiFamily3,750 SF
Sold
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$290
Total Square Footage:3750 SF
Transaction Type:Sale
A multifamily property located at 4925 N Washtenaw Ave in Chicago has been sold. The transaction took place on 12/21/2021, with a sale price of $1,090,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,090,000
- Buyer's Rep: Steve Genyk - Dream Town Realty
- Seller's Rep: Claudiu Popescu - Baird & Warner
Steve Genyk from Dream Town Realty represented the buyer in this transaction, while Claudiu Popescu from Baird & Warner represented the seller. The property, located at 4925 N Washtenaw Ave in Chicago, attracted a sale price of $1,090,000. The deal was finalized on 12/21/2021.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,133.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,872.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,167.16
Annual Debt Service$62,005.87
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