Fadya Kashkeesh Of HomeSmart Realty Group Sells Multifamily Property In Chicago For $842,100
SOLD
$842,100
Illinois
See Similar DealsMultiFamily4,500 SF
Sold 01/20/2022
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 DealsMultiFamily4,500 SF
Sold 01/20/2022
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.
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Deal Type
30 years
10 years
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
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