Updated Feb 16, 2024
Brad Feldman Acquires Multifamily Property In Chicago For $4.9M
1220 North Bosworth Avenue, Chicago, IL 60642, USA
$4,900,000
$850/SF
Building Size
5,760 SF
Asset Type
MultiFamily
Closing
Jun 11, 2020
About this deal
AI
The multifamily property located at 1220 N. Bosworth in Chicago has been sold. The transaction was facilitated by Brad Feldman, a broker representing the parties involved in the deal. The property was listed with an asking price of $5,200,000 and was eventually sold for $4,900,000. The property spans 14,210 square feet, resulting in a price per square foot of $345.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,900,000
- Address: 1220 N. Bosworth, Chicago
- Market: Chicago
- Broker: Brad Feldman
Brad Feldman, the Senior Managing Partner at Interra Realty, played a vital role in the successful completion of this transaction. For any further inquiries or details related to this sale, Brad Feldman can be contacted via email at [email protected] or by phone at 312-477-0195.
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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93