Dream Town Realty Acquires Multifamily Asset In Chicago For $1.09M
4925 North Washtenaw Avenue, Chicago, IL 60625
$1,090,000
$290/SF
Building Size
3,750 SF
Asset Type
MultiFamily
Closing
Dec 21, 2021
AI
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.
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
14.55%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93