Updated Dec 21, 2023
Chicago Real Estate Resources Sells Roseland Multifamily Property For $1.44M With Finley Askin As The Broker
11207-15 S King Dr, Roseland, Chicago, IL, USA
$1,440,000
$1,920/SF
Building Size
750 SF
Asset Type
MultiFamily
Closing
Oct 28, 2021
About this deal
AI
A multifamily property located at 11207-15 S King Dr in Roseland was recently sold for $1,440,000. The property consists of 26 units, resulting in a price per unit of $55,385. The sale was facilitated by broker Finley Askin of Chicago Real Estate Resources (CRER).
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,440,000
- Address: 11207-15 S King Dr, Roseland
- Market: Roseland
- Number of Units: 26
- Price per Unit: $55,385
Finley Askin of Chicago Real Estate Resources (CRER) played a crucial role in representing the parties involved in the transaction.
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
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93