Updated Dec 20, 2023
Ben Useni Acquires Multifamily Property In New Lenox, IL For $1.925M
121 Town Crest Drive, New Lenox, IL, USA
$1,925,000
$2,175/SF
Building Size
885 SF
Asset Type
MultiFamily
Closing
Jul 13, 2020
About this deal
AI
A multifamily property located at 121 Town Crest Dr in New Lenox, IL was recently sold for a total price of $1,925,000. The transaction took place on July 13, 2021. The property sits on a 1-acre lot.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,925,000
- Address: 121 Town Crest Dr, New Lenox, IL
- Market: New Lenox, IL
The buyer was represented by Ben Useni from Charles Rutenberg Realty of IL, while the seller was represented by Peter & Michael Fleming from Marquette Properties, Inc. No additional information is available about the deal.
Players
New Lenox 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
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93