Updated Dec 19, 2023
Norwood Park Multifamily Sells For $1.925M With Patrick Kennelly & Michael Duckler As Brokers
6018 North Avondale Avenue, Chicago, IL, USA
$1,925,000
$180/SF
Building Size
10,650 SF
Asset Type
MultiFamily
Closing
Jun 18, 2020
About this deal
AI
A multifamily property located at 6018-6020 N Avondale Ave in Norwood Park, Chicago, was recently sold for a total price of $1,925,000. The transaction took place on June 18, 2021, and the property consists of 12 units, resulting in a price per unit of $160,416. The property is situated in the Norwood Park market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,925,000
- Units: 12
- Price Per Unit: $160,416
- Address: 6018-6020 N Avondale Ave
- Market: Norwood Park, Chicago
The brokers involved in the transaction were Paul Waterloo, Patrick Kennelly, and Michael Duckler.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Paul Waterloo 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
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93