Updated Dec 19, 2023
Straight-A Realty, LLC Facilitates $1.2M Multifamily Sale In Chicago
6443 South Yale Avenue, Chicago, Illinois 60621, United States
$1,200,000
$229/SF
Building Size
5,227 SF
Asset Type
MultiFamily
Closing
Feb 9, 2022
About this deal
AI
A multifamily property located at 6443 S Yale Ave in Chicago has recently been sold for a price of $1,200,000. The property sits on a lot measuring 5,227 square feet, with a price per square foot of $230. The sale of this property was facilitated by Michael Applegate of Straight-A Realty, LLC.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Lot Square Footage: 5,227
- Price per Square Foot: $230
- Market: Chicago
Michael Applegate from Straight-A Realty, LLC represented the parties involved in this transaction. The sale of this multifamily property in Chicago marks another successful deal facilitated by Michael Applegate's expertise.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93