Updated Dec 21, 2023
Bronzeville Multifamily Sells For $1.025M With Brokers Aaron Sklar & Noah Birk
539 East 46th Place, South Side, Chicago, IL, USA
$1,025,000
$112/SF
Building Size
9,147 SF
Asset Type
MultiFamily
Closing
Aug 3, 2020
About this deal
AI
A multifamily property located at 539 E. 46th Pl in Bronzeville was recently sold for $1,025,000. The property consists of 7 units, making the price per unit $146,429.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Market: Bronzeville
The sale was facilitated by brokers Aaron Sklar & Noah Birk. They represented the parties involved in this transaction.
The multifamily sale at 539 East 46th Place, South Side, Chicago, IL, USA in Chicago, Illinois sold for $1M in 2020. Reported inventory is 9,147 square feet across 7 units, or about 112 per square foot. Noah Birk, Aaron Sklar, Kiser Group appear on the sale alongside Kiser Group. This page is the Chicago, Illinois file for the 539 East 46th Place, South Side, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 539 East 46th Place, South Side, Chicago, IL, USA around 2020. Published consideration for 539 East 46th Place, South Side, Chicago, IL, USA is $1M, dated 2020. Cite this Bronzeville Multifamily Sells For $1.025M With Brokers Aaron Sklar & Noah Birk sale when underwriting similar multifamily product around Chicago, Illinois.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93