facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

5301 West Washington Boulev...

Kiser Group Brokers Sell Multifamily Asset In Austin, Chicago For $2.1M
SOLDMultiFamily

Kiser Group Brokers Sell Multifamily Asset In Austin, Chicago For $2.1M

5301 West Washington Boulevard, Chicago, Illinois 60612, United States

$2,100,000

$80,769/SF

Building Size

26 SF

Asset Type

MultiFamily

Closing

Dec 18, 2022

AI

A multifamily property located at 5301 W Washington Blvd in Austin, Chicago has been sold for a total amount of $2,100,000. The property consists of 24 units, with a price per unit of $87,500. It spans across 26,100 square feet, resulting in a price per square foot of $80.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,100,000
  • Units: 24
  • Price per Unit: $87,500
  • Square Feet: 26,100
  • Price per Square Foot: $80
  • Address: 5301 W Washington Blvd, Austin, Chicago

The sale was facilitated by Jack Petrando, Andy Friedman, and Jake Parker from Kiser Group, who acted as the brokers for the deal.

Players

Andrew Friedman

Kiser Group

Broker

$131.5M

vol

20 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93