Updated Dec 21, 2023
Andy Friedman & Jake Parker Of Kiser Group Sell Multifamily Property In Rogers Park For $1.48M
7608 North Rogers Avenue, Chicago, Illinois 60626, United States
$1,480,000
$227/SF
Building Size
6,500 SF
Asset Type
MultiFamily
Closing
Apr 25, 2022
About this deal
AI
The multifamily property located at 7608 N Rogers Ave in Rogers Park, Chicago, was recently sold for an impressive price of $1,480,000. This property consists of 11 units, with each unit having a price per unit (PPU) of $134,545. The total square footage of the property is 6,500, resulting in a price per square foot (PPSF) of $228.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,480,000
- Address: 7608 N Rogers Ave
- Market: Rogers Park, Chicago
- Units: 11
- PPU: $134,545
- SF: 6,500
- PPSF: $228
The sale of this property was facilitated by the brokers Andy Friedman and Jake Parker from Kiser Group, who represented the parties involved in the transaction.
On the Map
$1,480,000
$227/SF
MultiFamily
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Chicago MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.72%
Cash-on-Cash
-3.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93