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720 Washington Boulevard, O...

Matt Halper & Danny Mantis Acquire 18-Unit Multifamily In Oak Park, IL For $2.7M
SOLDMultiFamily

Matt Halper & Danny Mantis Acquire 18-Unit Multifamily In Oak Park, IL For $2.7M

720 Washington Boulevard, Oak Park, Illinois, USA

$2,675,000

$3,821/SF

Building Size

700 SF

Asset Type

MultiFamily

Closing

Jun 1, 2020

AI

The multifamily property located at 720 Washington Blvd in Oak Park, IL was recently sold. The sale took place on 06/01/2021 and was facilitated by brokers Matt Halper and Danny Mantis. The property consists of 18 units, with a sale price of $2,675,000. This translates to a price per unit of $148,611.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $2,675,000
  • Units: 18
  • Price Per Unit: $148,611

The sale of this multifamily property serves as a successful transaction for all parties involved. The brokers, Matt Halper and Danny Mantis, played a crucial role in facilitating the deal, representing the buyers and/or sellers. Their expertise in the Oak Park, IL market contributed to the successful outcome of the transaction.

Players

Matt Halper

Kiser Group

Broker

$47.8M

vol

13 deals

Broker

Oak Park 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

5.93%

Cash-on-Cash

-1.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93