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
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93