Davis Edgerly Of 33 Realty Sells Multifamily Property In Chicago For $1.15M
1031 West Wolfram Street, Chicago, Illinois 60657, United States
$1,150,000
$377/SF
Building Size
3,049 SF
Asset Type
MultiFamily
Closing
Mar 9, 2022
AI
The multifamily property located at 1031 W Wolfram St in Chicago has recently been sold. The property consists of 3 units and was sold for a total price of $1,150,000, resulting in an average price per unit of $383,333. The lot size of the property is 3,049 square feet, equating to a price per square foot of $377.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 3
- Price per Unit: $383,333
- Lot Size: 3,049 square feet
- Price per square foot: $377
The transaction was facilitated by Davis Edgerly from 33 Realty. As the broker representative, Davis Edgerly played a crucial role in the deal.
Players
Chicago 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93