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1312 North Claremont Avenue Multifamily Sells For $1.195M With Buyer's Rep Owen Duffy & Seller's Rep Jonathan Lavinier
SOLD
$1,195,000
Illinois
See Similar DealsMultiFamily
Sold 01/19/2024
SOLD
1312 North Claremont Avenue Multifamily Sells For $1.195M With Buyer's Rep Owen Duffy & Seller's Rep Jonathan Lavinier
1312 North Claremont Avenue
See Similar DealsMultiFamily
Sold 01/19/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$63,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,245.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,664.91
Annual Debt Service$67,978.92
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