SOLDMultiFamily
Charlie Chernawsky Purchases Multifamily Property At 64 East Cedar Street In Chicago For $3.01M
64 East Cedar Street
Building Size
5,820 SF
Asset Type
MultiFamily
Closing
Jun 29, 2025
AI
The property asset involved in this transaction is a multifamily building located at 64 East Cedar Street in Chicago. This asset encompasses a total square footage of 5,820.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 64 East Cedar Street
- Market: Chicago
- Asset Size: 5,820 SF
- Buyer: Chern Cedar, LLC
- Broker: Matt Feo
This deal was represented by broker Matt Feo, acting on behalf of the buyer, Chern Cedar, LLC. The transaction took place on June 30, 2025.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93