Updated Dec 20, 2023
Charles Rutenberg Realty Of IL Acquires Multifamily Property In Chicago For $1.68M
634 West Barry Avenue, Chicago, IL 60657
$1,680,000
$287/SF
Building Size
5,846 SF
Asset Type
MultiFamily
Closing
Jul 27, 2020
About this deal
AI
Located in Chicago, the multifamily property at 634 W Barry Ave was recently sold for $1,680,000. The property consists of 4 units, making the price per unit $420,000. This transaction took place on July 27, 2021, and was facilitated by Steve Genyk from Dream Town Realty as the seller's representative.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,680,000
- Address: 634 W Barry Ave
- Market: Chicago
- Units: 4
- Price per Unit: $420,000
Anish Sheth from Charles Rutenberg Realty of IL acted as the buyer's representative in this transaction. Both the buyer and seller found professional assistance in the form of these representatives, ensuring a smooth and successful deal.
On the Map
$1,680,000
$287/SF
MultiFamily
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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
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93