Keller Williams ONEChicago Acquires Multifamily Property In Chicago For $1.035M
5921 N Winthrop Ave, Chicago, IL, USA
$1,035,000
$646/SF
Building Size
1,600 SF
Asset Type
MultiFamily
Closing
May 13, 2021
AI
Located at 5921 N Winthrop Ave in Chicago, this multifamily property has recently been sold. The transaction took place on May 14, 2021, with a sale price of $1,035,000. The property consists of four units, with a price per unit of $258,750.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,035,000
- Units: 4
- Price per Unit: $258,750
The buyer was represented by Brian Moon from Keller Williams ONEChicago, while the seller was represented by Bessie Geanakoplos from Lighthouse Property Services.
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
15.33%
Cash-on-Cash
-4.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93