facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

2934 North Milwaukee Avenue

Multifamily Property At 2934 North Milwaukee Avenue Sold For $6.675M In Chicago
SOLDMultiFamily

Multifamily Property At 2934 North Milwaukee Avenue Sold For $6.675M In Chicago

2934 North Milwaukee Avenue

$6,675,000

$271/SF

Building Size

24,600 SF

Asset Type

MultiFamily

Closing

Oct 30, 2024

AI

This multifamily asset, located at 2934 North Milwaukee Avenue in Chicago, has a total sale price of $6,675,000. The property consists of 18 units and spans a square footage of 24,600, resulting in a price per unit of $370,833 and a price per square foot of $271.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,675,000
  • Number of Units: 18
  • Square Footage: 24,600
  • Price Per Unit: $370,833
  • Price Per Square Foot: $271
  • Market: Chicago

The brokers representing this transaction are Jordan Gottlieb and Matt Feo from Essex Realty Group, highlighting their role in facilitating this multifamily property sale.

Players

Jordan Gottlieb

Essex Realty Group

Broker

$364.3M

vol

67 deals

Broker

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

2.38%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93