facebook
Traded Co logo
Submit

FCA Sells MultiFamily Property In Chicago For $15.3M

Property Image
SOLD
$15,300,000
Luke Lesniewski
Michael Feldstein
+ 1

Illinois

See Similar Deals
MultiFamily
Sold 01/10/2017
the dealplayerscompscontact
Property Image
SOLD

FCA Sells MultiFamily Property In Chicago For $15.3M

6110 N Winthrop Ave, Chicago, IL, 60...

See Similar Deals
MultiFamily
Sold 01/10/2017
Luke Lesniewski
Michael Feldstein
+ 1
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

The three-building, 109-unit multifamily portfolio in Rogers Park, located at 6100 North Winthrop, 6101 North Winthrop, and 6110 North Winthrop, was sold for $15,300,000. Kiser Group’s Lee Kiser, Michael Feldstein, and Luke Lesniewski, along with Stevens Haen represented both the buyer, FCA, and the seller, FCA, in this transaction.

Summary of transaction details:

Kiser Group's brokers, Lee Kiser, Michael Feldstein, Luke Lesniewski, and Stevens Haen, played pivotal roles in facilitating the $15.3M transaction of the multi-unit properties in Rogers Park. The collaboration between the buyer, FCA, and the seller, FCA, was smoothly orchestrated by these experienced representatives.

Players

Lee Kiser
13 deals$186M volume(773) 293-5000
BROKER

Luke Lesniewski
Kiser Group
1 deal$15.3M volume(773) 293-5022
BROKER

Michael Feldstein
Kiser Group
1 deal$15.3M volume(773) 293-5020
BROKER

Stevens Haen
Kiser Group
1 deal$15.3M volume(773) 293-5000
BROKER

FCA
SELLER

Details

SOLD
IMAGE: 01/10/2017 ADDRESS: 6110 N Winthrop Ave, Chicago, IL, 60... MARKET: Chicago ASSET TYPE: MultiFamily BUYER'S REP: Stevens Haen(Kiser Group) SELLER'S REP: Lee Kiser(Kiser Group), Luke Lesniewski(Kiser Group), Michael Feldstein(Kiser Group) BUYER: FCA SELLER: FCA PRICE: $15,300,000.00

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$816,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$54,357.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$72,529.81
Annual Debt Service$870,357.67