facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

101 S Washington Ave, Park ...

FCA Purchases Property In Park Ridge For $4,099,999 With Greg Dietz As Seller's Representative
SOLDMultiFamily

FCA Purchases Property In Park Ridge For $4,099,999 With Greg Dietz As Seller's Representative

101 S Washington Ave, Park Ridge, IL...

$4,099,999

Building Size

Asset Type

MultiFamily

Closing

Jan 17, 2017

AI

A medical building located at 101 South Washington Ave in Park Ridge, IL has been sold for $4,099,999. The property is fully leased and consists of 14,000 square feet, situated in the Park Ridge market.

Summary of transaction details:

  • Property Type: Medical Building
  • Transaction Amount: $4,099,999
  • Address: 101 S Washington Ave, Park Ridge, IL
  • Market: Park Ridge
  • Seller's Representative: Greg Dietz
  • Buyer: FCA

In this transaction, Greg Dietz and Danny Spitz of Baum Realty represented the seller. The deal highlights the involvement of prominent brokers in facilitating the transaction, ensuring smooth negotiations for both parties.

Players

Greg Dietz

Broker

$12.8M

vol

3 deals

Broker
FCA
FCABuyer

Park Ridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93