Updated Dec 4, 2024
Dan Nelson Of Baird & Warner Acquires Multifamily Property In Chicago For $1.1M As Buyer's Rep
1029 West Wolfram Street
$1,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 8, 2024
About this deal
AI
The multi-family property located at 1029 West Wolfram Street in Chicago was recently sold for $1,100,000. Megan Weber of Dream Town Realty represented the seller, while Dan Nelson of Baird & Warner represented the buyer in this transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 1029 West Wolfram Street
- Market: Chicago
- Buyer's Rep: Dan Nelson - Baird & Warner
- Seller's Rep: Megan Weber - Dream Town Realty
The sale of the multi-family property at 1029 West Wolfram Street was facilitated by two key individuals. Dan Nelson, from Baird & Warner, represented the buyer in this transaction, while Megan Weber, representing Dream Town Realty, acted as the seller's representative in 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93