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Silver Property Group Acquires Multifamily Property On N Sawyer Ave, Chicago For $1.2M

Property Image
SOLD
$1,200,000

Illinois

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MultiFamily7,440 SF
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Property Image
SOLD

Silver Property Group Acquires Multifamily Property On N Sawyer Ave, Chicago For $1.2M

5454 N Sawyer Ave, Chicago, IL, USA

See Similar Deals
MultiFamily7,440 SF
Sold
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$161
Total Square Footage:7440 SF
Transaction Type:Sale

An multifamily property located at 5454 N Sawyer Ave in Chicago was sold on 02/18/2021 for a price of $1,200,000. The property consists of 9 units, resulting in a price per unit of $133,333.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 5454 N Sawyer Ave, Chicago
  • Market: Chicago

The buyer in this transaction was represented by Ron Abrams of Silver Property Group, Ltd, while the seller was represented by Ana Valdovinos and Cesar Pedroza of Stellar Pref. The Re Clinic.

Please note that no additional information is available about this transaction.

Players

Cesar Pedroza
1 deal$1.2M volume
BROKER

Ana Valdovinos
Stellar Performance The Real Estate Clinic
1 deal$1.2M volume
BROKER

Ron Abrams
Silver Property Group
3 deals$68.2M volume
BROKER

Details

SOLD
IMAGE: Cesar Pedroza, Ana Valdovinos & Ron Abrams DATE: 02/18/2021 ADDRESS: 5454 N Sawyer Ave MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Ron Abrams - Silver Property Group, Ltd SELLER'S REP: Ana Valdovinos & Cesar Pedroza - Stellar Pref. The Re Clinic PRICE: $1,200,000 UNITS: 9 ~ PPU: $133,333

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35