Updated May 12, 2025
Mark Paul & Itai Hasak Acquire Multifamily Property In Chicago For $1.08M
1248 W Lexington St, Chicago, IL, USA
$1,080,000
$310/SF
Building Size
3,484 SF
Asset Type
MultiFamily
Closing
Apr 5, 2021
About this deal
AI
The property asset involved in the transaction is a multifamily building located at 1248 W Lexington St, Chicago. The transaction was closed for $1,080,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,080,000
- Address: 1248 W Lexington St
- Market: Chicago
- Buyer's Representative: Itai Hasak - Compass
- Seller's Representative: Mark Paul Properties
The key individuals involved in the transaction include Itai Hasak, representing the buyer, and Mark Paul, representing the seller. Their respective agencies played a significant role in facilitating this multifamily real estate 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
14.69%
Cash-on-Cash
-4.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93