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1036 North Marshfield Avenu...

Art Collazo's Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago For $1.075M
SOLDMultiFamily

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

Art Collazo

Sotheby's International Realty

Broker

$2.6M

vol

2 deals

Broker

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