Updated Dec 21, 2023
Janet Keogh Of Baird & Warner Acquires Multifamily Property In Chicago For $1,695,000
554 West Belden Avenue, Chicago, IL 60614, USA
$1,695,000
$973/SF
Building Size
1,742 SF
Asset Type
MultiFamily
Closing
Oct 1, 2021
About this deal
AI
The multifamily property located at 554 W Belden Ave in Chicago has been sold for a price of $1,695,000. The transaction took place on October 1, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,695,000
- Address: 554 W Belden Ave
- Market: Chicago
Janet Keogh from Baird & Warner represented the buyer in this deal, while Kevin Schnell from MO2 Brokerage LLC represented the seller.
Janet Keogh served as the buyer's representative, ensuring their interests were represented throughout the transaction. Kevin Schnell, on the other hand, acted as the seller's representative, working to secure the best deal for their client.
On the Map
$1,695,000
$973/SF
MultiFamily
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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
9.36%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93