Updated Dec 4, 2024
India Whiteside & Maureen Murnane Properties Of Christie's International Real Estate Sells Chicago Multifamily For $1.15M
5210 North Lakewood Avenue
$1,150,000
Units
2
Asset Type
MultiFamily
Closing
Oct 12, 2024
About this deal
AI
A 2-flat located at 5210 North Lakewood Avenue in Chicago's Lakewood Balmoral Historic District has been sold. The transaction was completed for $1.15 million, with each unit containing 2 bedrooms, 1 bath, and updated kitchens and baths. Additionally, the units include a sunroom and have potential for extra living space in the high-ceiling unfinished basement.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 2
- Price Per Unit: $575,000
The buyer was represented by Michael Wax, while the sellers were represented by India Whiteside and Maureen Murnane of Christie's International Real Estate.
On the Map
$1,150,000
MultiFamily
View full map
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Maureen Murnane 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93