Updated Dec 18, 2023
Chicago Multifamily Property Sold In Marquette Park For $800K With Brokers Aaron Sklar & Noah Birk
6356 South Sacramento Avenue, Chicago, Illinois 60629, United States
$800,000
$77/SF
Building Size
10,300 SF
Asset Type
MultiFamily
Closing
Mar 23, 2022
About this deal
AI
An multifamily property located at 6356 S Sacramento Ave in Marquette Park, Chicago has been sold for $800,000. The property consists of 10 units and spans across 10,300 square feet. The sale price per unit is approximately $80,000, while the price per square foot is approximately $78. Aaron Sklar & Noah Birk from Kiser Group represented the sellers in this transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $800,000
- Address: 6356 S Sacramento Ave, Marquette Park, Chicago
- Market: Marquette Park, Chicago
- Units: 10
- Price per Unit: $80,000
- Square Footage: 10,300
- Price per Square Foot: $78
- Brokers: Aaron Sklar & Noah Birk - Kiser Group
Aaron Sklar & Noah Birk from Kiser Group facilitated this sale, representing the sellers. This transaction took place on March 24, 2022.
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
19.83%
Cash-on-Cash
-5.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93