Art Collazo's Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago For $1.075M
1036 North Marshfield Avenue, Chicago, IL 60622
$1,075,000
$330/SF
Building Size
3,250 SF
Asset Type
MultiFamily
Closing
Sep 29, 2021
AI
The multifamily property located at 1036 N Marshfield Ave in Chicago has been sold for $1,075,000. The transaction took place on September 29, 2021. The property consists of 5 units, with a price per unit of $215,000. The lot size is 3,250 square feet, and the price per square foot is $331.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Units: 5
- Price Per Unit: $215,000
- Lot Size: 3,250 square feet
- Price Per Square Foot: $331
The buyer's representative in this transaction was Art Collazo from Jameson Sotheby's International Realty, while the seller's representative was Ismael Perez from RE/MAX 10.
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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93