Updated Sep 5, 2024
Root Realty Acquires Multifamily Property In Bridgeport, Chicago For $613,000
1048 W 32nd St.,
$613,000
$157/SF
Building Size
3,900 SF
Asset Type
MultiFamily
Closing
Jun 24, 2022
About this deal
AI
A multifamily property located at 1048 W 32nd St in Bridgeport, Chicago has been sold for a price of $613,000. The property consists of 4 units, with each unit having an average price of $153,250. The total square footage of the property is 3,900, resulting in a price per square foot of $157.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $613,000
- Address: 1048 W 32nd St
- Market: Bridgeport, Chicago
The sale of the property was represented by Kevin Itima, Michael Root, and Joseph Root from Root Realty.
On the Map
$613,000
$157/SF
MultiFamily
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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
25.88%
Cash-on-Cash
-7.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93