Mary Reilly Represents Buyer In $1.19M Sale Of Chicago Multifamily
1256 West North Shore Avenue
$1,195,000
$197/SF
Building Size
6,063 SF
Asset Type
MultiFamily
Closing
Jul 11, 2024
AI
Located at 1256 West North Shore Avenue in Chicago, this multifamily property was recently sold for $1,195,000. The transaction involved a 6,063-square-foot asset priced at $197 per square foot. The sale was facilitated by Mary Reilly representing the buyer and Julia Cullhaj representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,195,000
- SF: 6,063
- Price Per Square Foot: $197
- Address: 1256 West North Shore Avenue, Chicago
- Market: Chicago
- Buyer's Rep: Mary Reilly - Christie's International Real Estate
- Seller's Rep: Julia Cullhaj - Cross Street
The successful sale of this property was managed by Mary Reilly from Christie's International Real Estate, who represented the buyer. On the other side, Julia Cullhaj from Cross Street served as the seller's representative in this transaction.
Players
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
13.27%
Cash-on-Cash
-3.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93