Updated Dec 19, 2023
Finley Askin's Chicago Real Estate Resources, Inc Sells Chatham Multifamily For $4.1M
8101 South Ingleside Avenue, Chicago, Illinois 60619, United States
$4,115,000
Units
70
Asset Type
MultiFamily
Closing
Jan 28, 2022
About this deal
AI
An off-market multifamily property in Chatham, located at 8101 S Ingleside Ave, was recently sold for $4,115,000. The transaction took place on January 28, 2022. The property consists of 70 units, with an average price per unit of $58,786.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $4,115,000
- Units: 70
- Price per Unit (PPU): $58,786
The sale was facilitated by Finley Askin from Chicago Real Estate Resources, Inc. serving as the broker in the transaction.
The multifamily sale at 8101 South Ingleside Avenue, Chicago, Illinois 60619, United States in Chicago, Illinois sold for $4.1M in 2022. Reported inventory is 70 units across 70 units. Finley Askin, Matthews appear on the sale alongside Matthews. This page is the Chicago, Illinois file for the 8101 South Ingleside Avenue, Chicago, Illinois 60619, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 8101 South Ingleside Avenue, Chicago, Illinois 60619, United States around 2022. Published consideration for 8101 South Ingleside Avenue, Chicago, Illinois 60619, United States is $4.1M, dated 2022. Cite this Finley Askin's Chicago Real Estate Resources, Inc Sells Chatham Multifamily For $4.1M sale when underwriting similar multifamily product around Chicago, Illinois.
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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
3.85%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93