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7700 South Jeffery Boulevard

Kiser Group Represents Sale Of 26-Unit Multifamily In South Shore, Chicago For $1.775M
SOLDMultiFamily

Kiser Group Represents Sale Of 26-Unit Multifamily In South Shore, Chicago For $1.775M

7700 South Jeffery Boulevard

$1,775,000

$105/SF

Building Size

16,900 SF

Asset Type

MultiFamily

Closing

Aug 25, 2022

AI

Located at 7700 S Jeffery Blvd in the South Shore neighborhood of Chicago, this multifamily property was recently sold in a closed transaction. The property consists of 26 units, with an average per unit price of $68,269. The total square footage is 16,900, resulting in a price per square foot of $105. The sale price for this transaction was $1,775,000.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,775,000
  • Units: 26
  • Price per Unit: $68,269
  • Square footage: 16,900
  • Price per Square Foot: $105
  • Address: 7700 S Jeffery Blvd
  • Market: South Shore, Chicago

The sale of this property was facilitated by Aaron Sklar and Noah Birk from Kiser Group. They represented the parties involved in this transaction as the brokers for this deal.

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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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.94%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93