Apolis Realty, Inc. Represents Buyer In $2.16M Multifamily Sale On N Dearborn St, Chicago
1023 N Dearborn St, Chicago, IL, USA
$2,156,395
$575/SF
Building Size
3,750 SF
Asset Type
MultiFamily
Closing
Feb 16, 2021
AI
The multifamily property located at 1023 N Dearborn St in Chicago has been sold for a price of $2,156,395 on 02/17/2021. The property consists of 12 units, resulting in a price per unit (PPU) of $179,700. The transaction was facilitated by Constantine Grapsas from Apolis Realty, Inc., representing the buyer, and Andrew Perkins from Jameson Sotheby's Intl Realty, representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,156,395
- Address: 1023 N Dearborn St, Chicago
- Market: Chicago
- Units: 12
- PPU: $179,700
Constantine Grapsas, a representative of Apolis Realty, Inc., assisted the buyer in this transaction. Andrew Perkins, from Jameson Sotheby's Intl Realty, represented the seller. They played key roles in ensuring the successful completion of the deal.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.36%
Cash-on-Cash
-2.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93