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Fadya Kashkeesh Of HomeSmart Realty Group Sells Multifamily Property In Chicago For $842,100

Property Image
SOLD
$842,100

Illinois

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MultiFamily4,500 SF
Sold 01/20/2022
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Property Image
SOLD

Fadya Kashkeesh Of HomeSmart Realty Group Sells Multifamily Property In Chicago For $842,100

6335 South Ellis Avenue, Chicago, Illinois 60637, United States

See Similar Deals
MultiFamily4,500 SF
Sold 01/20/2022
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$187
Total Square Footage:4,500 SF
Transaction Type:Sale

The multifamily property located at 6335 S Ellis Ave in Chicago has been sold in a recent transaction. The property consists of 3 units with a total square footage of 4,500. The sale price for this property was recorded at $842,100, equating to a price per unit of $280,700 and a price per square foot of $187.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $842,100
  • Units: 3
  • Price per Unit: $280,700
  • Square Feet: 4,500
  • Price per Square Foot: $187
  • Market: Chicago

Fadya Kashkeesh from HomeSmart Realty Group represented the seller or the buyer in this transaction.

Players

Fadya Kashkeesh
3 deals$3.9M volume
BROKER

Details

SOLD
IMAGE: Fadya Kashkeesh DATE: 01/20/2022 ADDRESS: 6335 S Ellis Ave MARKET: Chicago ASSET TYPE: Multifamily BROKER: Fadya Kashkeesh - HomeSmart Realty Group SALE PRICE: $842,100 UNITS: 3 ~ PPU: $280,700 SF: 4,500 ~ PPSF: $187

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$44,911.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$2,991.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,991.98
Annual Debt Service$47,903.80