Ann Kikas Of Kale Realty LLC Sells Multifamily Property In Chicago For $1.75M
SOLD
$1,750,000
Illinois
See Similar DealsMultiFamily24,150 SF
Sold 08/05/2021
SOLD
Ann Kikas Of Kale Realty LLC Sells Multifamily Property In Chicago For $1.75M
9140 S Cottage Grove Ave, Chicago, IL, USA
See Similar DealsMultiFamily24,150 SF
Sold 08/05/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$72
Total Square Footage:24,150 SF
Transaction Type:Sale
An undisclosed multifamily property located at 9140 S Cottage Grove Ave in Chicago was recently sold for $1,750,000. The sale took place on 8/5/2021 and was facilitated by Ann Kikas of Kale Realty LLC.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Address: 9140 S Cottage Grove Ave, Chicago
- Market: Chicago
Ann Kikas, representing Kale Realty LLC, played a crucial role as the seller's representative in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
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