Updated Dec 21, 2023
Village Realty & Inv. Brokers $1.14M Sale Of Multifamily Property On W Albion Ave In Chicago
1308 West Albion Avenue, Chicago, IL 60626, USA
$1,140,000
$229/SF
Building Size
4,979 SF
Asset Type
MultiFamily
Closing
Oct 28, 2021
About this deal
AI
The multifamily property located at 1308 W Albion Ave in Chicago has been sold. The transaction took place on October 28, 2021. The property consists of 3 units and spans 4,979 square feet. The sale price for this multifamily asset was $1,140,000, resulting in a price per unit of $380,000 and a price per square foot of $229.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,140,000
- Units: 3
- Price Per Unit: $380,000
- Square Footage: 4,979
- Price Per Square Foot: $229
- Address: 1308 W Albion Ave, Chicago
The sale of this property was facilitated by Martin Murphy of Village Realty & Inv.
Players
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.91%
Cash-on-Cash
-3.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93