Updated Dec 21, 2023
CRER Acquires Multifamily Property In Rogers Park, Chicago For $2.6M
6322 North Albany Avenue, Chicago, Illinois 60659, United States
$2,635,000
$429/SF
Building Size
6,138 SF
Asset Type
MultiFamily
Closing
Mar 10, 2022
About this deal
AI
The multifamily property located at 6322 N Albany Ave in Rogers Park, Chicago has been sold for $2,635,000. The transaction took place on 03/11/2022. This property consists of 24 units, and the price per unit is $109,792.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,635,000
- Units: 24
- Price Per Unit: $109,792
- Address: 6322 N Albany Ave
- Market: Rogers Park, Chicago
Finley Askin and Anthony Conforti from CRER (Chicago Real Estate Resources) along with Perdure Carter were the brokers involved in this transaction.
On the Map
$2,635,000
$429/SF
MultiFamily
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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
6.02%
Cash-on-Cash
-1.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93