RE/MAX 10's Zeferino Martinez Represents Buyer In $4.3M Multifamily Sale On S Keating Ave, Chicago
SOLD
$4,300,000
Illinois
See Similar DealsMultiFamily5,227 SF
Sold 08/06/2020
SOLD
RE/MAX 10's Zeferino Martinez Represents Buyer In $4.3M Multifamily Sale On S Keating Ave, Chicago
6459 South Keating Avenue, Chicago, IL 60629, USA
See Similar DealsMultiFamily5,227 SF
Sold 08/06/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$822
Total Square Footage:5,227 SF
Transaction Type:Sale
A multifamily property located at 6459 S Keating Ave in Chicago has been sold for a total price of $4,300,000. The property consists of two units, with each unit priced at $2,150,000. The lot size measures 5,227 square feet.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,300,000
- Units: 2
- Price per Unit: $2,150,000
- Lot Size: 5,227 square feet
Zeferino Martinez from RE/MAX 10 represented the buyer in this transaction, while Bill Erdman from Century 21 Affiliated represented the seller.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$229,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33
Is there something missing? Send suggestions