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3056 W Franklin Blvd

Updated Dec 19, 2023

Interra Realty Brokers $480,000 Sale Of Multifamily Property On W Franklin Blvd, Garfield Park, Chicago
SOLD

Interra Realty Brokers $480,000 Sale Of Multifamily Property On W Franklin Blvd, Garfield Park, Chicago

3056 W Franklin Blvd

Building Size

Asset Type

Closing

Aug 1, 2022

About this deal

AI

A multifamily property located at 3056 W Franklin Blvd in Garfield Park, Chicago has been sold. The property was listed by Sam Gutierrez and Lucas Fryman from Interra Realty.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $480,000
  • Address: 3056 W Franklin Blvd
  • Market: Garfield Park, Chicago

This deal was facilitated by Sam Gutierrez and Lucas Fryman from Interra Realty. They represented the buyer and seller in the transaction.

Traded’s record for 3056 W Franklin Blvd in Chicago, Illinois covers a commercial sale from 2022. This page is the Chicago, Illinois file for the 3056 W Franklin Blvd commercial sold: pricing, party profiles, and other closed commercial comps from the same Chicago sit in the Market section below. Filter that Chicago commercial set by closing date to see what else sold near 3056 W Franklin Blvd around 2022. Cite this Interra Realty Brokers $480,000 Sale Of Multifamily Property On W Franklin Blvd, Garfield Park, Chicago sale when underwriting similar commercial product around Chicago, Illinois.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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