1312 North Claremont Avenue Multifamily Sells For $1.195M With Buyer's Rep Owen Duffy & Seller's Rep Jonathan Lavinier
1312 North Claremont Avenue
$1,195,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 19, 2024
AI
1312 North Claremont Avenue in Chicago is a multifamily property that recently sold for $1,195,000. The buyer's representative in this transaction was Owen Duffy of Fulton Grace Realty, while Jonathan Lavinier of Baird & Warner represented the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,195,000
- Address: 1312 North Claremont Avenue, Chicago
- Market: Chicago
- Buyer's Representative: Owen Duffy - Fulton Grace Realty
- Seller's Representative: Jonathan Lavinier - Baird & Warner
The sale of 1312 North Claremont Avenue in Chicago was facilitated by Owen Duffy, representing the buyer from Fulton Grace Realty, and Jonathan Lavinier, representing the seller from Baird & Warner. This transaction marks another successful deal in the multifamily property market.
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
13.27%
Cash-on-Cash
-3.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93