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1106 Judson Ave, Evanston, ...

Updated Dec 18, 2023

5Gears Property LLC Acquires Multifamily Property In Evanston, IL For $1.05M
SOLDMultiFamily

5Gears Property LLC Acquires Multifamily Property In Evanston, IL For $1.05M

1106 Judson Ave, Evanston, Illinois, USA

$1,050,000

$165/SF

Building Size

6,347 SF

Asset Type

MultiFamily

Closing

Jun 24, 2021

About this deal

AI

A multifamily property located at 1106 Judson Ave in Evanston, IL has been sold for $1,050,000. The transaction took place on June 24, 2021. The property is part of the residential real estate market in Evanston.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Buyer's Representative: Amy DeMarte - 5Gears Property LLC
  • Seller's Representative: Richard O'Dwyer & Megan Hughes Properties

Amy DeMarte from 5Gears Property LLC represented the buyer in this transaction, while Richard O'Dwyer & Megan Hughes Properties represented the seller. The deal was finalized without any additional information available.

Players

Amy DeMarte

Broker

$1.1M

vol

1 deal

Broker

Evanston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $165 per square foot on a published $1.1M for 6,347 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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