Jameson Sotheby's Int'l Realty Acquires Multifamily Property In Chicago For $1.4M
SOLD
$1,400,000
Illinois
See Similar DealsMultiFamily2,400 SF
Sold 04/22/2021
SOLD
Jameson Sotheby's Int'l Realty Acquires Multifamily Property In Chicago For $1.4M
1309 North Bosworth Avenue, Chicago, IL 60642, USA
See Similar DealsMultiFamily2,400 SF
Sold 04/22/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$583
Total Square Footage:2,400 SF
Transaction Type:Sale
A multifamily property located at 1309 N Bosworth Ave in Chicago was recently sold for $1,400,000. The property consists of 2 units, resulting in a price per unit of $700,000. The sale was completed on 04/22/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 1309 N Bosworth Ave, Chicago
- Market: Chicago
The buyer's representative in this transaction was Katherine Gerding from Jameson Sotheby's Int'l Realty, while the seller was represented by Tatiana Perry from Berkshire Hathaway HomeServices Chicago.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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