facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

1242 North Hoyne Avenue

Chicago MultiFamily Property Sold For $1.2M With Buyer's Rep Luca Lollino And Seller's Rep Kathleen Padilla
SOLDMultiFamily

Chicago MultiFamily Property Sold For $1.2M With Buyer's Rep Luca Lollino And Seller's Rep Kathleen Padilla

1242 North Hoyne Avenue

$1,200,000

Building Size

Asset Type

MultiFamily

Closing

Sep 29, 2023

AI

A multi-family property located at 1242 North Hoyne Avenue in Chicago has been sold for $1.2 million. The transaction took place with Luca Lollino representing the buyer and Kathleen Padilla representing the seller.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,200,000
  • Address: 1242 North Hoyne Avenue
  • Market: Chicago

Luca Lollino, the buyer's representative from Remax, successfully facilitated the purchase of this multi-family property. On the other hand, Kathleen Padilla, a representative from Fulton Grace Realty, played a crucial role in representing the seller throughout the transaction.

Players

Luca Lollino

Re/Max

Broker

$2.4M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93