Complete Care Management Acquires Nursing Facility In Chicago For $24.6M
4920 North Kenmore Avenue, Chicago, IL 60640, USA
$24,600,000
$3,280/SF
Building Size
7,500 SF
Asset Type
Other
Closing
Aug 2, 2020
About this deal
AI
A nursing facility located at 4920 North Kenmore Avenue in Chicago has been sold to Complete Care Management, represented by Sam Stein, for a total price of $24,600,000. The facility consists of 300 beds, resulting in a price per bed (PPB) of $82,000.
Summary of transaction details
- Property Type: Nursing Facility
- Transaction Amount: $24,600,000
Sam Stein of Complete Care Management acted as the buyer in this transaction, while the seller was Arba Group.
The other sale at 4920 North Kenmore Avenue, Chicago, IL 60640, USA in Chicago, Illinois sold for $24.6M in 2020. The building is 7,500 square feet, implying about 3.3K per square foot on the published price. Named participants on the 4920 North Kenmore Avenue, Chicago, IL 60640, USA sale are Sam Stein. This page is the Chicago, Illinois file for the 4920 North Kenmore Avenue, Chicago, IL 60640, USA other sold: pricing, party profiles, and other closed other comps from the same Chicago sit in the Market section below. Filter that Chicago other set by closing date to see what else sold near 4920 North Kenmore Avenue, Chicago, IL 60640, USA around 2020. Published consideration for 4920 North Kenmore Avenue, Chicago, IL 60640, USA is $24.6M, dated 2020. Cite this Complete Care Management Acquires Nursing Facility In Chicago For $24.6M sale when underwriting similar other product around Chicago, Illinois.
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Chicago Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.64%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93