Updated Oct 28, 2024
SSTWO Sells Multifamily Property In Chicago For $1.4M With Brokers Aaron Sklar & Noah Birk
7722 South Jeffery Boulevard, Chicago, IL 60649
$1,425,000
$125/SF
Building Size
11,340 SF
Asset Type
MultiFamily
Closing
May 9, 2021
About this deal
AI
7722 S. Jeffery is a multifamily property located in Chicago. The property was recently sold by SSTWO for a sale price of $1,425,000. The transaction took place on 05/10/2021 and involved a total of 22 units, resulting in a price per unit (PPU) of $64,773.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,425,000
- Address: 7722 S. Jeffery
- Market: Chicago
- Units: 22
- Price Per Unit (PPU): $64,773
The sale of 7722 S. Jeffery was facilitated by Aaron Sklar & Noah Birk, representing SSTWO as the seller's brokers.
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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93