Marzena Frausto Acquires Multifamily Property In Chicago For $1.04M
SOLD
$1,036,500
Illinois
See Similar DealsMultiFamily4,356 SF
Sold 10/25/2021
SOLD
Marzena Frausto Acquires Multifamily Property In Chicago For $1.04M
1312 W Winnemac Ave, Chicago, IL, USA
See Similar DealsMultiFamily4,356 SF
Sold 10/25/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$237
Total Square Footage:4,356 SF
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,279.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,682.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,913.54
Annual Debt Service$58,962.47
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