Updated Dec 19, 2023
Dream Town Realty Acquires Multifamily Property In Chicago For $1.335M
5301-5 West Barry Avenue, Chicago, IL 60641, USA
$1,335,000
$169/SF
Building Size
7,900 SF
Asset Type
MultiFamily
Closing
Oct 13, 2021
About this deal
AI
The multifamily property located at 5301-5 W Barry Ave in Chicago has been sold for a total price of $1,335,000. The sale was facilitated by Jacek Piktel from Dream Town Realty. The property consists of 12 units, with each unit having an average price per unit of $111,250. The lot size of the property is 7,900 square feet, resulting in a price per square foot of $169.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,335,000
- Units: 12
- Price per Unit: $111,250
- Lot Size: 7,900 square feet
- Price per Square Foot: $169
Jacek Piktel from Dream Town Realty represented the parties involved in this transaction. The sale of the property showcases the successful collaboration and expertise of the individuals and companies involved.
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
11.88%
Cash-on-Cash
-3.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93