Updated Dec 19, 2023
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
$4,300,000
$822/SF
Building Size
5,227 SF
Asset Type
MultiFamily
Closing
Aug 6, 2020
About this deal
AI
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
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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93