Updated Dec 4, 2024
Robert Grilli & Arnell Cordero Close $1.66M Multifamily Sale In Chicago
1309 West Ohio Street
$1,660,000
Building Size
—
Asset Type
MultiFamily
Closing
May 28, 2024
About this deal
AI
A multifamily property located at 1309 West Ohio Street in Chicago was sold for $1,660,000. The transaction was facilitated by Robert Grilli of Jameson Sotheby's International Realty, representing the buyer, and Arnell Cordero of Fulton Grace Realty, representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,660,000
- Address: 1309 West Ohio Street
- Market: Chicago
- Buyer's Rep: Robert Grilli - Jameson Sotheby's International Realty
- Seller's Rep: Arnell Cordero - Fulton Grace Realty
The sale of the multifamily property at 1309 West Ohio Street in Chicago was overseen by Robert Grilli from Jameson Sotheby's International Realty, acting as the buyer's representative, and Arnell Cordero from Fulton Grace Realty, serving as the seller's representative.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.56%
Cash-on-Cash
-2.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93