Updated Dec 4, 2024
Chicago Multifamily Property Sells For $1.33M With Buyer's Rep Grigory Pekarsky & Seller's Rep Ariel Bo Pang & Tyson Schutz
1217 West George Street
$1,330,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 15, 2023
About this deal
AI
In Chicago, a multifamily property located at 1217 West George Street was sold for $1,330,000. The transaction involved Grigory Pekarsky from Vesta Preferred LLC as the buyer's representative and Ariel Bo Pang & Tyson Schutz from The Apartment Source as the seller's representatives.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,330,000
- Address: 1217 West George Street, Chicago
Grigory Pekarsky of Vesta Preferred LLC represented the buyer in the deal, while Ariel Bo Pang and Tyson Schutz from The Apartment Source represented the sellers. The sale of this multifamily property demonstrates the involvement of various professionals in the real estate transaction in Chicago.
On the Map
$1,330,000
MultiFamily
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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
11.93%
Cash-on-Cash
-3.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93