AtProperties Acquires Multifamily Property In Chicago For $1.3M
SOLD
$1,300,000
Illinois
See Similar DealsMultiFamily3,567 SF
Sold
SOLD
AtProperties Acquires Multifamily Property In Chicago For $1.3M
6801 South Clyde Avenue, Chicago, IL, USA
See Similar DealsMultiFamily3,567 SF
Sold
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$364
Total Square Footage:3567 SF
Transaction Type:Sale
Located at 6801 S Clyde Ave in Chicago, this multifamily property was recently sold on 07/26/2021. The sale price for this property was $1,300,000, with a lot size of 3,567 square feet. The price per square foot for this transaction equates to $364.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,300,000
- Lot Size: 3,567 square feet
- Price per Square Foot: $364
The buyer's representative for this transaction was Matt Goodhart from AtProperties - Bucktown. Representing the seller in this deal was Kennedy Jordan from Baird & Warner Plainfield.
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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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