Danny Logarakis Of Kiser Group Sells 10-Unit Multifamily In East Rogers Park For $1.34M
6649 North Greenview Avenue
$1,340,000
$170/SF
Building Size
7,850 SF
Asset Type
MultiFamily
Closing
Aug 10, 2022
AI
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.
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
11.84%
Cash-on-Cash
-3.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93