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

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SOLD
$1,900,000

Illinois

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MultiFamily
Sold 11/13/2023
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Property Image
SOLD

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

5225 West Washington Boulevard

See Similar Deals
MultiFamily
Sold 11/13/2023
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

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
4 deals$6.1M volume
BROKER

Anthony (Tony) Hardy
Keller Williams Realty
4 deals$14.9M volume(773) 575-6082
BROKER

Details

SOLD
IMAGE: Travis Montgomery & Tony Hardy DATE: 11/13/2023 ADDRESS: 5225 West Washington Boulevard MARKET: Chicago ASSET TYPE: Multifamily BROKERS: Tony Hardy (@MultifamilyInvestments) & Travis Montgomery (@MultifamilyAdvisor) - Keller Williams ONEChicago (@KWOneChicago) SALE PRICE: $1,900,000 UNITS: 17 ~ PPU: $111,765 NOTE: A multifamily property at 5225 West Washington Boulevard has been sold for $1,900,000. Brokers involved in the transaction were Tony Hardy and Travis Montgomery of Keller Williams, the property comprises 17 units at a per-unit price of $111,765.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
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