Updated Nov 29, 2023
Jameson Sotheby's International Realty Sells Multifamily Property On Diversey Ave In Chicago For $1.05M
5751 West Diversey Avenue, Chicago, IL, USA
$1,050,000
$146/SF
Building Size
7,146 SF
Asset Type
MultiFamily
Closing
Jan 4, 2021
About this deal
AI
Located in Chicago, the multifamily property at 5751 W. Diversey Avenue was recently sold for $1,050,000. The transaction took place on January 5, 2021, and was facilitated by broker Laura Stanek from Jameson Sotheby's International Realty. The property spans 7,146 square feet, resulting in a price per square foot of $147. It consists of 8 units, with a price per unit of $131,250.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 5751 W. Diversey Avenue
- Market: Chicago
- Broker: Laura Stanek - Jameson Sotheby's International Realty
- Square Footage: 7,146
- Price Per Square Foot: $147
- Number of Units: 8
- Price Per Unit: $131,250
Laura Stanek from Jameson Sotheby's International Realty played a crucial role as the broker in this transaction. Her expertise and negotiation skills contributed to the successful sale of the multifamily property at 5751 W. Diversey Avenue in Chicago.
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Sotheby's International Realty to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93