Mark Allen Realty Acquires Chicago Multifamily For $1.35M
615 West Dickens Avenue
$1,350,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 26, 2024
AI
A multifamily property located at 615 West Dickens Avenue in Chicago has been sold for $1.35 million. The transaction took place on January 26, 2024.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 615 West Dickens Avenue
- Market: Chicago
The buyer was represented by Spencer Hauptman from Mark Allen Realty, while the seller was represented by Leslie Glazier from @properties Christie's International Real Estate.
Note: 615 West Dickens Avenue in Chicago, a multifamily property, was sold for $1.35 million, with Spencer Hauptman of Mark Allen Realty representing the buyer and Leslie Glazier of @properties Christie's International Real Estate representing the seller.
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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93