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Apolis Realty, Inc. Represents Buyer In $2.16M Multifamily Sale On N Dearborn St, Chicago

Property Image
SOLD
$2,156,395

Illinois

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MultiFamily3,750 SF
Sold 02/17/2021
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Property Image
SOLD

Apolis Realty, Inc. Represents Buyer In $2.16M Multifamily Sale On N Dearborn St, Chicago

1023 N Dearborn St, Chicago, IL, USA

See Similar Deals
MultiFamily3,750 SF
Sold 02/17/2021
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$575
Total Square Footage:3,750 SF
Transaction Type:Sale

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

Andrew Perkins
2 deals$11.2M volume
BROKER

Details

SOLD
IMAGE: Andrew Perkins DATE: 02/17/2021 ADDRESS: 1023 N Dearborn St MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Constantine Grapsas - Apolis Realty, Inc. SELLER'S REP: Andrew Perkins - Jameson Sotheby's Intl Realty PRICE: $2,156,395 UNITS: 12 ~ PPU: $179,700

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Debt Service Coverage Ratio (DSCR)

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Cash Flow (Annual)-$7,661.23
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