Updated Dec 21, 2023
Marzena Frausto Acquires Multifamily Property In Chicago For $1.04M
1312 W Winnemac Ave, Chicago, IL, USA
$1,036,500
$237/SF
Building Size
4,356 SF
Asset Type
MultiFamily
Closing
Oct 25, 2021
About this deal
AI
The multifamily property located at 1312 W Winnemac Ave in Chicago has been sold. The transaction took place on 10/25/2021 and the sale price was $1,036,500.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,036,500
- Address: 1312 W Winnemac Ave, Chicago
- Market: Chicago
Marzena Frausto, representing Redfin Corporation, acted as the buyer's representative in this deal. On the other hand, Steven Nguyen represented Vina Realty, Inc. as the seller's representative.
The multifamily sale at 1312 W Winnemac Ave, Chicago, IL, USA in Chicago, Illinois sold for $1M in 2021. The building is 4,356 square feet, implying about 237 per square foot on the published price. Marzena Frausto, Steven Nguyen, Redfin appear on the sale alongside Redfin. This page is the Chicago, Illinois file for the 1312 W Winnemac Ave, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 1312 W Winnemac Ave, Chicago, IL, USA around 2021. Published consideration for 1312 W Winnemac Ave, Chicago, IL, USA is $1M, dated 2021. Cite this Marzena Frausto Acquires Multifamily Property In Chicago For $1.04M sale when underwriting similar multifamily product around Chicago, Illinois.
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
15.30%
Cash-on-Cash
-4.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93