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653 East 90th Place, Chatha...

Updated Dec 19, 2023

Kiser Group Facilitates $910,000 Sale Of Chatham Multifamily Property
SOLDMultiFamily

Kiser Group Facilitates $910,000 Sale Of Chatham Multifamily Property

653 East 90th Place, Chatham, Chicago, IL, USA

$910,000

$310/SF

Building Size

2,928 SF

Asset Type

MultiFamily

Closing

Nov 12, 2021

About this deal

AI

A multifamily property located at 653 E. 90th Pl in the Chatham market has been sold for a price of $910,000. The property consists of 10 units, with a per unit price of $91,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $910,000
  • Units: 10
  • Price Per Unit: $91,000

The sale of this property was facilitated by brokers Aaron Sklar and Noah Birk from Kiser Group.

The multifamily sale at 653 East 90th Place, Chatham, Chicago, IL, USA in Chicago, Illinois sold for $910K in 2021. Reported inventory is 2,928 square feet across 10 units, or about 310 per square foot. Noah Birk, Aaron Sklar, Kiser Group appear on the sale alongside Kiser Group. This page is the Chicago, Illinois file for the 653 East 90th Place, Chatham, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 653 East 90th Place, Chatham, Chicago, IL, USA around 2021. Published consideration for 653 East 90th Place, Chatham, Chicago, IL, USA is $910K, dated 2021. Cite this Kiser Group Facilitates $910,000 Sale Of Chatham Multifamily Property sale when underwriting similar multifamily product around Chicago, Illinois.

Players

Aaron Sklar

Kiser Group

Broker

$111.1M

vol

66 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $310 per square foot on a published $910K for 2,928 square feet (2021).

Visit Noah Birk to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

17.43%

Cash-on-Cash

-4.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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