Jordan Bulkoski Acquires 16-Unit Multifamily Property In Chatham For $1.1M
8101 South Loomis Boulevard, Chicago, IL, USA
$1,100,000
$91/SF
Building Size
12,000 SF
Asset Type
MultiFamily
Closing
Dec 1, 2021
AI
The multifamily property located at 8101 S Loomis in Chatham has been sold in a closed transaction. The sale took place on 12/01/2021, with a sale price of $1,100,000. The property consists of 16 units, with a price per unit (PPU) of $68,750. The total square footage of the property is 12,000, with a price per square foot (PPSF) of $92.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 8101 S Loomis
- Market: Chatham
- Units: 16
- Price per Unit (PPU): $68,750
- Total Square Footage (SF): 12,000
- Price per Square Foot (PPSF): $92
On the buyer's side, Jordan Bulkoski has acquired the property. Representing the buyer in the deal were Michael Scanlon and Jake Fugman from eXp Realty. The seller of the property is Kinga Korpacz, who was also the seller's representative from Exit Realty Redefined.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93