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7044 South Yale Avenue, Chi...

Updated Dec 20, 2023

Kiser Group Brokers Sell Multifamily Property In Grand Crossing, Chicago For $335,000
SOLDMultiFamily

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

Aaron Sklar

Kiser Group

Broker

$111.1M

vol

66 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $47 per square foot on a published $335K for 7,000 square feet (2022).

Visit Noah Birk to view all their deals.

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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

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