Danny Logarakis Of Kiser Group Sells 10-Unit Multifamily In East Rogers Park For $1.34M
SOLD
$1,340,000
Illinois
See Similar DealsMultiFamily7,850 SF
Sold
SOLD
Danny Logarakis Of Kiser Group Sells 10-Unit Multifamily In East Rogers Park For $1.34M
6649 North Greenview Avenue
See Similar DealsMultiFamily7,850 SF
Sold
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$170
Total Square Footage:7850 SF
Transaction Type:Sale
The multifamily property located at 6649 N Greenview Ave in East Rogers Park has been sold. The property consists of 10 units, with each unit priced at $134,000, resulting in a total sale price of $1,340,000. The property spans across 7,850 square feet, with a price per square foot of $171.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,340,000
- Units: 10
- Price per Unit: $134,000
- Square Footage: 7,850
- Price per Square Foot: $171
- Market: East Rogers Park
The sale was facilitated by Danny Logarakis of Kiser Group, serving as the broker representing the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$71,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,760.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,352.28
Annual Debt Service$76,227.40
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