Compass Representative Meg Wood Facilitates $1.01M Multifamily Sale In Chicago
5357 North Lakewood Avenue, Chicago, Illinois 60640, United States
$1,010,000
$255/SF
Building Size
3,955 SF
Asset Type
MultiFamily
Closing
Mar 4, 2022
AI
A multifamily property located at 5357 N Lakewood Ave in Chicago has been sold for $1,010,000. The property is situated in the Chicago market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Address: 5357 N Lakewood Ave
- Market: Chicago
Meg Wood from Compass represented the buyer, while Nick Rendleman from Nicholas Ryan Team - Your Home Sold Guaranteed Realty represented the seller in this transaction.
Players
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
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93