Milan Rubenstein Helps Facilitate $1.8M Multifamily Sale In Chicago
117 East Bellevue Place, Chicago, IL 60611
$1,800,000
$1,033/SF
Building Size
1,742 SF
Asset Type
MultiFamily
Closing
Nov 17, 2021
AI
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.
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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93