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5225 West Washington Boulevard

Keller Williams ONEChicago Brokers Sell Multifamily Property In Chicago For $1.9M
SOLDMultiFamily

Keller Williams ONEChicago Brokers Sell Multifamily Property In Chicago For $1.9M

5225 West Washington Boulevard

$1,900,000

Building Size

Asset Type

MultiFamily

Closing

Nov 13, 2023

AI

A multifamily property located at 5225 West Washington Boulevard in Chicago has been sold for a total price of $1,900,000. The property consists of 17 units, with a per-unit price of $111,765.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,900,000
  • Address: 5225 West Washington Boulevard, Chicago
  • Market: Chicago
  • Brokers: Tony Hardy and Travis Montgomery of Keller Williams ONEChicago
  • Units: 17
  • Price per Unit: $111,765

Tony Hardy and Travis Montgomery, representing Keller Williams ONEChicago, were the brokers involved in this transaction.

Players

Travis Montgomery

Keller Williams Realty

Broker

$6.1M

vol

4 deals

Broker

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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93