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1031 West Wolfram Street, C...

Davis Edgerly Of 33 Realty Sells Multifamily Property In Chicago For $1.15M
SOLDMultiFamily

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

Davis Edgerly

33 Realty

Broker

$2.6M

vol

3 deals

Broker

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