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528 West Oakdale Avenue, Ch...

Monarch Realty Partners Brokers $11.55M Sale Of 60-Unit Multifamily In Chicago
SOLDMultiFamily

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

Bill Baumann

JLL

Broker

$265.6M

vol

11 deals

Broker
Monarch Realty Partners
Monarch Realty PartnersBrokerage

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