Updated Dec 21, 2023
Kiser Group Brokers Facilitate $690K Sale Of Multifamily Property In Chicago, IL
9000 S Dauphin Ave, Chicago, Illinois 60619, United States
$690,000
$67/SF
Building Size
10,200 SF
Asset Type
MultiFamily
Closing
Mar 2, 2022
About this deal
AI
A multifamily property located at 9000 S Dauphin Ave in Chicago, IL has been sold. The transaction was facilitated by brokers Aaron Sklar & Noah Birk from Kiser Group. The sale price for the property was $690,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $690,000
- Market: Chicago, IL
- Address: 9000 S Dauphin Ave
- Brokers: Aaron Sklar & Noah Birk - Kiser Group
The multifamily property consists of 12 units, with a price per unit (PPU) of $57,500. The total square footage of the property is 10,200, with a price per square foot (PPSF) of $68.
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
22.99%
Cash-on-Cash
-6.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93