Monarch Realty Partners Brokers $11.55M Sale Of 60-Unit Multifamily In Chicago
528 West Oakdale Avenue, Chicago, IL 60657
$11,550,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 10, 2022
AI
The multifamily property located at 528 W. Oakdale Ave in Chicago has been sold. The transaction was facilitated by Bill Baumann of Monarch Realty Partners. The sale took place on January 10, 2022.
Summary of Transaction Details
- Property Type: Multifamily
- Sale Price: $11,550,000
- Units: 60
- Price Per Unit: $192,500
- Market: Chicago
Bill Baumann from Monarch Realty Partners represented the parties involved in the transaction. The property consists of 60 units and was sold for $11,550,000, resulting in a price per unit of $192,500. The sale took place in Chicago.
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
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93