Matt Goodhart Properties Acquires 19-Unit Multifamily In Chicago For $1.3M
SOLD
$1,300,000
Illinois
See Similar DealsMultiFamily19,275 SF
Sold
SOLD
Matt Goodhart Properties Acquires 19-Unit Multifamily In Chicago For $1.3M
6734 South East End Avenue, Chicago, IL, USA
See Similar DealsMultiFamily19,275 SF
Sold
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$67
Total Square Footage:19275 SF
Transaction Type:Sale
The multifamily property located at 6734 S East End Ave in Chicago was recently sold for $1,300,000. The transaction took place on 06/25/2021, and the property consists of 19 units, resulting in a price per unit (PPU) of $68,421.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 6734 S East End Ave, Chicago
- Market: Chicago
The buyer's representative for this transaction was Matt Goodhart Properties, while the seller's representative was Antonio Torres from United Real Estate-Chicago.
Note: No additional information was provided about the property or individuals involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$69,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96
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