Updated Dec 4, 2024
Multifamily Property In Chicago Sold For $1.6M With Buyer's Rep Paul Johnson & Seller's Rep Jerome Ettinger
5136 South Blackstone Avenue
$1,600,000
$133/SF
Building Size
12,027 SF
Asset Type
MultiFamily
Closing
Jan 9, 2024
About this deal
AI
5136 South Blackstone Avenue is a multifamily property located in Chicago. The property consists of 12 units and has a total square footage of 12,027. The sale price for this transaction was $1,600,000, resulting in a per-unit price of $133,333 and a price per square foot of $133.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 12
- Price Per Unit: $133,333
- Square Footage: 12,027
- Price Per Square Foot: $133
- Address: 5136 South Blackstone Avenue, Chicago
The buyer, represented by Paul Johnson of Web Property Manager, acquired the property. The seller, represented by Jerome Ettinger of Ettinger Realty, facilitated the transaction.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Ettinger Realty 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93