Updated Dec 4, 2024
Marc Kaufman Represents Buyer In $1.85M Chicago Multifamily Sale
1150 North Lasalle Drive
$1,850,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 21, 2024
About this deal
AI
A multifamily property located at 1150 North Lasalle Drive in Chicago has been successfully sold for $1,850,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Address: 1150 North Lasalle Drive
- Market: Chicago
Representing the buyer in this transaction is Marc Kaufman from Baird & Warner, while the seller, Volta Investments LLC, was represented by Jeremy Wallace and Patrick Stich.
The multifamily sale at 1150 North Lasalle Drive in Chicago, Illinois sold for $1.9M in 2024. 1150 North Lasalle Drive is classified as Multifamily on Traded. Jeremy Wallace, Patrick Stich, Marc Kaufman, Baird & Warner appear on the sale alongside Baird & Warner, Volta Investments. This page is the Chicago, Illinois file for the 1150 North Lasalle Drive multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 1150 North Lasalle Drive around 2024. Published consideration for 1150 North Lasalle Drive is $1.9M, dated 2024. Cite this Marc Kaufman Represents Buyer In $1.85M Chicago Multifamily Sale sale when underwriting similar multifamily product around Chicago, Illinois.
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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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93