Updated Dec 4, 2024
Chicago Multifamily Property At 5026 North Kimball Avenue Sold For $5.7M With Essex Realty Group
5026 North Kimball Avenue
$5,700,000
$142/SF
Building Size
40,000 SF
Asset Type
MultiFamily
Closing
Jun 27, 2024
About this deal
AI
A multifamily property located at 5026 North Kimball Avenue in Chicago was sold for $5,700,000. The asset consists of 39 units and has a total square footage of 40,000, resulting in a price per unit of $146,154 and a price per square foot of $143.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,700,000
- Units: 39
- Square Footage: 40,000
- Price Per Unit: $146,154
- Price Per Square Foot: $143
- Address: 5026 North Kimball Avenue
- Market: Chicago
The transaction involved brokers Brian Keegan, Matt Feo, and Abe Eilian from Essex Realty Group, representing the parties in this multifamily asset sale.
On the Map
$5,700,000
$142/SF
MultiFamily
View full map
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Brian Keegan to view all their deals.
Browse Chicago multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93