Blazena Bilic & Matthew Liss Facilitate $1.693M Sale Of Multifamily Property In Chicago
1248 North Paulina Street
$1,693,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 29, 2024
AI
A multi-family property located at 1248 North Paulina Street in Chicago was sold for $1,693,000. The property features a meticulously designed 3-unit building with a spacious duplex owner's unit spanning over 3,400 square feet, showcasing exceptional architectural features and luxury amenities. Each rental unit offers high-quality finishes, individual heating and cooling systems, and in-unit washer-dryer setups, making them attractive investment opportunities with potential for increased rental income.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,693,000
- Units: 3
- Price Per Unit: $564,333
- Address: 1248 North Paulina Street, Chicago
- Market: Chicago
- Brokers: Blazena Bilic & Matthew Liss - Mark Allen Realty
The sale of the multi-family property at 1248 North Paulina Street in Chicago was facilitated by brokers Blazena Bilic and Matthew Liss of Mark Allen Realty. The property attracted attention for its exceptional design, luxury amenities, and investment potential, making the deal a successful transaction for all parties involved.
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
9.37%
Cash-on-Cash
-2.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93