Updated Dec 4, 2024
Chris Gaggero Of Christie's International Real Estate Represents Buyer In $2.2M Evanston Multifamily Sale
1112 Grove Street
$2,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 22, 2024
About this deal
AI
A multifamily property located at 1112 Grove Street in Evanston was sold for $2.2 million. The property features a combination of residential units suitable for multiple families, contributing to its appeal in the local market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Address: 1112 Grove Street
- Market: Evanston
- Buyer's Representative: Chris Gaggero - @Properties Christie's International Real Estate
- Seller's Representative: James Nash - Farnsworth Hill
Christopher Gaggero represented the buyer in this transaction, bringing expertise from @Properties Christie's International Real Estate, while James Nash represented the seller through Farnsworth Hill, facilitating the sale process effectively.
Players
Evanston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Evanston multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93