Updated Dec 21, 2023
RE/MAX United Acquires Multifamily Property On Buckingham Pl In Chicago For $2.7M
635 W Buckingham Pl, Chicago, IL, USA
$2,725,000
$446/SF
Building Size
6,098 SF
Asset Type
MultiFamily
Closing
Aug 31, 2021
About this deal
AI
The multifamily property located at 635 W Buckingham Pl in Chicago has been sold for a total price of $2,725,000. The property has a lot size of 6,098 square feet, resulting in a price per square foot of $447.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,725,000
- Lot Size: 6,098 square feet
- Price per Square Foot: $447
- Market: Chicago
The buyer in this transaction was represented by Nam Seo from RE/MAX United, while the seller was represented by Yvonne Stachyra from Wesley Realty Group.
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
5.82%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93