Updated Dec 4, 2024
Keller Williams ONEChicago Brokers Sell Multifamily Property In Chicago For $1.9M
5225 West Washington Boulevard
$1,900,000
Units
17
Asset Type
MultiFamily
Closing
Nov 13, 2023
About this deal
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
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