Jameson Sotheby's Int'l Realty Acquires Multifamily Property In Chicago For $1.4M
1309 North Bosworth Avenue, Chicago, IL 60642, USA
$1,400,000
$583/SF
Building Size
2,400 SF
Asset Type
MultiFamily
Closing
Apr 21, 2021
AI
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
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93