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619 West Belden Avenue, Chi...

Sam Jenkins Acquires Multifamily Property In Chicago For $2.019M
SOLDMultiFamily

Sam Jenkins Acquires Multifamily Property In Chicago For $2.019M

619 West Belden Avenue, Chicago, Illinois 60614, United States

$2,019,000

$678/SF

Building Size

2,975 SF

Asset Type

MultiFamily

Closing

Jun 29, 2022

AI

The multifamily property located at 619 W Belden Ave in Chicago has been sold for a price of $2,019,000. The property spans over a lot size of 2,975 square feet, resulting in a price per square foot of $679.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,019,000
  • Lot Size: 2,975 sqft
  • Price Per Square Foot: $679
  • Market: Chicago

The buyer's representative in this transaction is Sam Jenkins from Jameson Sotheby's International Realty. On the other hand, Emily Sachs Wong Properties served as the seller's representative.

Players

Emily Sachs Wong

At Properties Commercial

Broker

$84.5M

vol

17 deals

Broker

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

7.86%

Cash-on-Cash

-2.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93