SOLD
Harrison Pinkus Facilitates $1.2M Sale Of 8-Unit Multifamily Property In Humboldt Park, Chicago
3214 W Cortez St
Units
8
Asset Type
—
Closing
Aug 2, 2022
About this deal
AI
The multifamily property located at 3214 W Cortez St in Humboldt Park, Chicago has been sold. The transaction was facilitated by the real estate brokerage firm, Harrison Pinkus of Interra Realty. The sale price for the property was $1,200,000. This property consists of 8 units, with a price per square foot of $150,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 8
- Price Per Square Foot: $150,000
Harrison Pinkus of Interra Realty played a crucial role in the successful completion of this transaction.
Players
Chicago CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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