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5000 S Woodlawn Ave, Chicag...

Updated Dec 21, 2023

Engel & Volkers Chicago Brokers Sale Of Multifamily Property On S Woodlawn Ave In Chicago For $1.1M
SOLDMultiFamily

Engel & Volkers Chicago Brokers Sale Of Multifamily Property On S Woodlawn Ave In Chicago For $1.1M

5000 S Woodlawn Ave, Chicago, IL, USA

$1,100,000

$157/SF

Building Size

6,969 SF

Asset Type

MultiFamily

Closing

Feb 28, 2021

About this deal

AI

A multifamily property located at 5000 S Woodlawn Ave in Chicago has been sold for $1,100,000. The sale took place on March 1, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Address: 5000 S Woodlawn Ave
  • Market: Chicago

The sale of this multifamily property was facilitated by broker Vernetta Jackson from Engel & Volkers Chicago.

The multifamily sale at 5000 S Woodlawn Ave, Chicago, IL, USA in Chicago, Illinois sold for $1.1M in 2021. The building is 6,969 square feet, implying about 157 per square foot on the published price. Named participants on the 5000 S Woodlawn Ave, Chicago, IL, USA sale are Vernetta Jackson. This page is the Chicago, Illinois file for the 5000 S Woodlawn Ave, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 5000 S Woodlawn Ave, Chicago, IL, USA around 2021. Published consideration for 5000 S Woodlawn Ave, Chicago, IL, USA is $1.1M, dated 2021. Cite this Engel & Volkers Chicago Brokers Sale Of Multifamily Property On S Woodlawn Ave In Chicago For $1.1M sale when underwriting similar multifamily product around Chicago, Illinois.

Players

Vernetta Jackson

Broker

$1.1M

vol

1 deal

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $157 per square foot on a published $1.1M for 6,969 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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