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5916 W Fulton St, Chicago, ...

Kiser Group Facilitates $850k Sale Of 13-Unit Multifamily Property In Austin, Chicago
SOLDMultiFamily

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

Aaron Sklar

Kiser Group

Broker

$111.1M

vol

66 deals

Broker

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