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6734 South East End Avenue,...

Updated Dec 21, 2023

Matt Goodhart Properties Acquires 19-Unit Multifamily In Chicago For $1.3M
SOLDMultiFamily

Matt Goodhart Properties Acquires 19-Unit Multifamily In Chicago For $1.3M

6734 South East End Avenue, Chicago, IL, USA

$1,300,000

$67/SF

Building Size

19,275 SF

Asset Type

MultiFamily

Closing

Jun 25, 2021

About this deal

AI

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.

Players

Matt Goodhart

Broker

$2.6M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $67 per square foot on a published $1.3M for 19,275 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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