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6801 South Clyde Avenue, Ch...

Updated Dec 21, 2023

AtProperties Acquires Multifamily Property In Chicago For $1.3M
SOLDMultiFamily

AtProperties Acquires Multifamily Property In Chicago For $1.3M

6801 South Clyde Avenue, Chicago, IL, USA

$1,300,000

$364/SF

Building Size

3,567 SF

Asset Type

MultiFamily

Closing

Jul 25, 2021

About this deal

AI

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.

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 $364 per square foot on a published $1.3M for 3,567 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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