Milan Rubenstein Helps Facilitate $1.8M Multifamily Sale In Chicago
SOLD
$1,800,000
Illinois
See Similar DealsMultiFamily1,742 SF
Sold 11/17/2021
SOLD
Milan Rubenstein Helps Facilitate $1.8M Multifamily Sale In Chicago
117 East Bellevue Place, Chicago, IL 60611
See Similar DealsMultiFamily1,742 SF
Sold 11/17/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$1,033
Total Square Footage:1,742 SF
Transaction Type:Sale
An undisclosed multifamily property in Chicago was recently sold for $1,800,000. The property, located at 117 E Bellevue Pl, spans a total of 1,742 square feet. This translates to a price per square foot of $1,033.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Address: 117 E Bellevue Pl, Chicago
- Market: Chicago
Milan Rubenstein from ChicagoLand Brokerage LLC represented the buyer in this transaction. On the other hand, the seller was represented by Matt Leutheuser from Jameson Sotheby's International Realty.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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