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Jimmy Donahue Of Essex Realty Group Represents Sale Of Oak Lawn Multifamily For $1.25M

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SOLD
$1,250,000

Illinois

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MultiFamily30,000 SF
Sold 12/17/2024
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Property Image
SOLD

Jimmy Donahue Of Essex Realty Group Represents Sale Of Oak Lawn Multifamily For $1.25M

9513 Kenneth Avenue & 9517 Tripp Avenue

See Similar Deals
MultiFamily30,000 SF
Sold 12/17/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$41
Total Square Footage:30,000 SF
Transaction Type:Sale

The transaction involved a multifamily asset located at 9513 Kenneth Avenue & 9517 Tripp Avenue in the Oak Lawn market. The sale price was $1,250,000, which corresponds to a per-unit price of $104,166 for the 12 units available in the property. The total square footage of the asset is 15,000, resulting in a price per square foot of $83.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Units: 12
  • Square Footage: 15,000
  • Price Per Unit: $104,166
  • Price Per Square Foot: $83
  • Broker: Jimmy Donahue - Essex Realty Group
  • Date of Sale: 12/17/2024

Jimmy Donahue represented the transaction through Essex Realty Group, facilitating the sale process for the involved parties.

Players

Jimmy Donahue
8 deals$40.7M volume(312) 722-7917
BROKER

Essex Realty Group
BROKERAGE

Details

SOLD
IMAGE: Jimmy Donahue DATE: 12/17/2024 ADDRESS: 9513 Kenneth Avenue & 9517 Tripp Avenue MARKET: Oak Lawn ASSET TYPE: Multifamily BROKER: Jimmy Donahue - Essex Realty Group (@EssexRealtyGroup) SALE PRICE: $1,250,000 UNITS: 12 ~ PPU: $104,166 SF: 15,000 ~ PPSF: $83

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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