Updated Sep 5, 2024
Essex Realty Group Represents Both Buyer And Seller In $1.59M Multifamily Sale In Rogers Park, Chicago
7634 North Greenview Avenue
$1,585,000
$153/SF
Building Size
10,349 SF
Asset Type
MultiFamily
Closing
Oct 4, 2022
About this deal
AI
A multifamily property located at 7634 N Greenview Ave in Rogers Park, Chicago, IL has been sold for a total price of $1,585,000. The property consists of 8 units and spans a total area of 10,349 square feet. The sale price per unit is $198,125, and the price per square foot is $153. The transaction was completed on 10/04/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,585,000
- Units: 8
- Price per Unit: $198,125
- Total Square Footage: 10,349
- Price per Square Foot: $153
- Market: Rogers Park, Chicago, IL
Essex Realty Group, Inc., represented by Matt Feo and Rick Ofman, served as the brokers in this transaction. This property was on and off the market within 30 days. Essex Realty Group, Inc. represented both the buyer and the seller. Congratulations to all parties involved in this deal!
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
10.01%
Cash-on-Cash
-2.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93