Kiser Group Facilitates $850k Sale Of 13-Unit Multifamily Property In Austin, Chicago
5916 W Fulton St, Chicago, Illinois 60644, United States
$850,000
$79/SF
Building Size
10,650 SF
Asset Type
MultiFamily
Closing
Mar 27, 2022
AI
A multifamily property located at 5916 W Fulton St in Austin, Chicago has been sold for a price of $850,000. The property consists of 13 units, with a mix of one and two bedrooms. The sale price averages to $65,385 per unit. The total square footage of the property is 10,650, resulting in a price per square foot of $80.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $850,000
- Units: 13
- Price Per Unit: $65,385
- Square Footage: 10,650
- Price Per Square Foot: $80
- Address: 5916 W Fulton St, Austin, Chicago
- Market: Austin, Chicago
The transaction was facilitated by Aaron Sklar, Noah Birk, and Jack Petrando from Kiser Group. They represented the buyer, seller, or landlord in this deal.
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
18.66%
Cash-on-Cash
-5.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93