Interra Realty Brokers $5.16M Sale Of Multifamily Property In Rogers Park, Chicago
1315 West Loyola Avenue, Chicago, Illinois 60626, United States
$5,157,500
Building Size
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Asset Type
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Closing
Feb 10, 2022
AI
A multifamily property located at 1315 W Loyola Ave in Rogers Park, Chicago, was recently sold for a price of $5,157,500. The property consists of 12 units, with an average price per unit of $429,792. It has a total area of 28,487 square feet, resulting in a price per square foot of $181.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $5,157,500
- Units: 12
- Price Per Unit: $429,792
- Square Footage: 28,487
- Price Per Square Foot: $181
The sale was facilitated by Craig Martin of Interra Realty. As the broker representing the transaction, Craig Martin played a key role in the successful completion of this deal.
Players
Chicago CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93