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Keller Williams ONEChicago Brokers Sell Multifamily Property In Chicago For $1.9M
SOLD
Illinois
See Similar DealsMultiFamily
Sold 11/13/2023
SOLD
Keller Williams ONEChicago Brokers Sell Multifamily Property In Chicago For $1.9M
5225 West Washington Boulevard
See Similar DealsMultiFamily
Sold 11/13/2023
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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