Kiser Group Brokers Sell Westridge Multifamily Property For $990K On N Richmond St
SOLD
$990,000
Illinois
See Similar DealsMultiFamily5,500 SF
Sold 02/09/2022
SOLD
Kiser Group Brokers Sell Westridge Multifamily Property For $990K On N Richmond St
6147 North Richmond Street, Chicago, Illinois 60659, United States
See Similar DealsMultiFamily5,500 SF
Sold 02/09/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$180
Total Square Footage:5,500 SF
Transaction Type:Sale
The multifamily property located at 6147 N Richmond St in Westridge, Chicago has been sold for a price of $990,000. The property consists of 5 units, with an average price per unit of $198,000. The total square footage of the property is 5,500, resulting in a price per square foot of $180.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $990,000
- Units: 5
- Price Per Unit: $198,000
- Square Footage: 5,500
- Price Per Square Foot: $180
- Address: 6147 N Richmond St, Westridge, Chicago
The sale of this property was facilitated by Matt Halper, Danny Mantis, and Jack Lambert from Kiser Group, who represented the parties involved in the transaction.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$52,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,517.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,693.11
Annual Debt Service$56,317.26
Is there something missing? Send suggestions