Updated Dec 18, 2023
Kathie Bock Properties Brokers $1.08M Sale Of Multifamily Property On W Webster Ave, Chicago
1258 West Webster Avenue, Chicago, IL 60614, USA
$1,080,000
$360/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Oct 15, 2021
About this deal
AI
The multifamily property located at 1258 W Webster Ave in Chicago has been sold for a price of $1,080,000. The property spans over 3,000 square feet, resulting in a price per square foot of $360. The lot size is 2,904 square feet, equating to a price per lot square foot of $372.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,080,000
- Square Footage: 3,000
- Price per Square Foot: $360
- Lot Size: 2,904 square feet
- Price per Lot Square Foot: $372
The transaction was facilitated by broker Kathie Bock of Kathie Bock Properties. Kathie Bock represented the buyer and seller in this deal.
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