Updated Dec 21, 2023
Brad Feldman's Interra Realty Facilitates $12M Sale Of Hyde Park Multifamily Property
5055 South Dorchester Avenue, Chicago, Illinois 60619, United States
$12,000,000
Units
34
Asset Type
MultiFamily
Closing
Mar 13, 2022
About this deal
AI
The multifamily property located at 5055 S Dorchester Ave in Hyde Park, Chicago has been sold for $12,000,000. The transaction took place on 03/14/2022 and involved the sale of 34 residential units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,000,000
- Address: 5055 S Dorchester Ave
- Market: Hyde Park, Chicago
The sale was facilitated by Brad Feldman from Interra Realty. Brad Feldman represented the seller and brokered the deal.
The multifamily sale at 5055 South Dorchester Avenue, Chicago, Illinois 60619, United States in Chicago, Illinois sold for $12M in 2022. Reported inventory is 34 units across 34 units. Brad Feldman, Interra Realty appear on the sale alongside Interra Realty. This page is the Chicago, Illinois file for the 5055 South Dorchester Avenue, Chicago, Illinois 60619, United States 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 5055 South Dorchester Avenue, Chicago, Illinois 60619, United States around 2022. Published consideration for 5055 South Dorchester Avenue, Chicago, Illinois 60619, United States is $12M, dated 2022. Cite this Brad Feldman's Interra Realty Facilitates $12M Sale Of Hyde Park Multifamily Property sale when underwriting similar multifamily product around Chicago, Illinois.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93