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1021 West Webster Avenue, C...

Updated Dec 21, 2023

Chicago Multifamily Property At 1021 W Webster Ave Sold For $1.32M With Buyer's Rep Sean Glascott And Seller's Rep Kaloian Kouzmanov
SOLDMultiFamily

Chicago Multifamily Property At 1021 W Webster Ave Sold For $1.32M With Buyer's Rep Sean Glascott And Seller's Rep Kaloian Kouzmanov

1021 West Webster Avenue, Chicago, IL, USA

$1,320,000

$321/SF

Building Size

4,106 SF

Asset Type

MultiFamily

Closing

Jun 2, 2021

About this deal

AI

A multifamily property located at 1021 W Webster Ave in Chicago has been sold. The sale took place on 06/03/2021 for a total price of $1,320,000. The property consists of 4 units, resulting in a price per unit of $330,000.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,320,000
  • Address: 1021 W Webster Ave
  • Market: Chicago
  • Units: 4
  • Price Per Unit: $330,000

The buyer in this transaction was represented by Sean Glascott from @AtProperties, and the seller was represented by Kaloian Kouzmanov from Home Realty Group, Inc.

Players

Sean Glascott

At Properties Commercial

Broker

$1.3M

vol

1 deal

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $321 per square foot on a published $1.3M for 4,106 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.02%

Cash-on-Cash

-3.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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