Horizon Realty Group Sells 12-Unit Multifamily Property In Chicago For $5.4M
SOLD
$5,400,000
Illinois
See Similar DealsMultiFamily15,129 SF
Sold 05/10/2021
SOLD
Horizon Realty Group Sells 12-Unit Multifamily Property In Chicago For $5.4M
915 West Addison Street, Chicago, IL 60613
See Similar DealsMultiFamily15,129 SF
Sold 05/10/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$356
Total Square Footage:15,129 SF
Transaction Type:Sale
The multifamily property located at 915 W. Addison St in Chicago has been sold for a price of $5,400,000. The transaction took place on May 10, 2021. The property consists of 12 units, resulting in a price per unit (PPU) of $450,000. The seller of the property was Horizon Realty Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,400,000
- Address: 915 W. Addison St, Chicago
- Market: Chicago
- Units: 12
- Price per Unit (PPU): $450,000
The sale of this multifamily property was facilitated by brokers Joe Smazal and Craig Martin from Interra Realty.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$288,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06
Is there something missing? Send suggestions