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Guido Piunti Represents Buyer In $1.25M Sale Of Chicago Multifamily Property
SOLD
Illinois
See Similar DealsMultiFamily
Sold
SOLD
Guido Piunti Represents Buyer In $1.25M Sale Of Chicago Multifamily Property
1035 West Grace Street
See Similar DealsMultiFamily
Sold
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
1035 West Grace Street is a multifamily property located in Chicago that was recently sold for $1,250,001.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,001
- Address: 1035 West Grace Street
- Market: Chicago
Guido Piunti from @Properties Christie's International Real Estate acted as the buyer's representative in the sale, while Ryan Blake of Essex 312, LLC represented the seller for the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,666.71
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,441.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.71
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