Updated Dec 21, 2023
Kiser Group Facilitates Sale Of Multifamily Property In Chicago For $1.95M
5027 North Harding Avenue
$1,950,000
$1,772/SF
Building Size
1,100 SF
Asset Type
MultiFamily
Closing
Nov 18, 2020
About this deal
AI
The multifamily property located at 5027-5029 N. Harding Avenue in Chicago was recently sold. The transaction took place on November 19, 2020, and was handled by brokers Andy Friedman and Jake Parker from Kiser Group. The property consists of 13 units, with a total sale price of $1,950,000. This equates to a price per unit of $150,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Units: 13
- Price Per Unit: $150,000
- Date: November 19, 2020
- Address: 5027-5029 N. Harding Avenue, Chicago
- Brokers: Andy Friedman & Jake Parker - Kiser Group
Andy Friedman and Jake Parker from Kiser Group played key roles in facilitating this transaction. Their expertise and negotiation skills helped in closing the deal successfully.
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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93