Updated Dec 20, 2023
Kiser Group Brokers Sell Multifamily Property In Grand Crossing, Chicago For $335,000
7044 South Yale Avenue, Chicago, Illinois 60621, United States
$335,000
$47/SF
Building Size
7,000 SF
Asset Type
MultiFamily
Closing
Apr 19, 2022
About this deal
AI
A multifamily property located at 7044 S Yale Ave in Grand Crossing, Chicago has been sold. The property consists of 8 units and spans approximately 7,000 square feet. The sale took place on 04/20/2022.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $335,000
- Price Per Unit: $41,875
- Price Per Square Foot: $48
- Market: Grand Crossing, Chicago
The sale was facilitated by brokers Aaron Sklar and Noah Birk from Kiser Group. They represented 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
47.35%
Cash-on-Cash
-13.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93