Updated Dec 21, 2023
Rick Neubauer Sells 10-Unit Multifamily Property In Englewood For $670,000
6600 South Laflin Street, Chicago, IL, USA
$670,000
$272/SF
Building Size
2,456 SF
Asset Type
MultiFamily
Closing
Sep 20, 2021
About this deal
AI
A 10-unit multifamily property located at 6600 S. Laflin in Englewood has been sold for $670,000. The property was sold by Rick Neubauer. The sale was facilitated by Aaron Sklar and Noah Birk of Kiser Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $670,000
- Date: 09/20/2021
- Address: 6600 S. Laflin
- Market: Englewood
Aaron Sklar and Noah Birk from Kiser Group represented the seller, Rick Neubauer, in the transaction.
The multifamily sale at 6600 South Laflin Street, Chicago, IL, USA in Chicago, Illinois sold for $670K in 2021. Reported inventory is 2,456 square feet across 10 units, or about 272 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 6600 South Laflin Street, 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 6600 South Laflin Street, Chicago, IL, USA around 2021. Published consideration for 6600 South Laflin Street, Chicago, IL, USA is $670K, dated 2021. Cite this Rick Neubauer Sells 10-Unit Multifamily Property In Englewood For $670,000 sale when underwriting similar multifamily product around Chicago, Illinois.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
23.68%
Cash-on-Cash
-6.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93