Updated Dec 20, 2023
Century 21 Elm, Realtors Sells Park Ridge Multifamily Property On W Touhy Ave For $1M
1314 West Touhy Avenue, Park Ridge, IL, USA
$1,000,000
$256/SF
Building Size
3,900 SF
Asset Type
MultiFamily
Closing
May 27, 2020
About this deal
AI
A multifamily property located at 1314-1318 W Touhy Ave in Park Ridge, IL was recently sold for $1,000,000. The sale occurred on 05/27/2021 and was facilitated by Sue Hall from Century 21 Elm, Realtors. This property consists of 8 units, resulting in a per unit price of $125,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 1314-1318 W Touhy Ave, Park Ridge, IL
- Units: 8
- Price Per Unit (PPU): $125,000
- Sale Date: 05/27/2021
- Broker: Sue Hall - Century 21 Elm, Realtors
Sue Hall from Century 21 Elm, Realtors played a key role as the broker in this transaction. The sale of this multifamily property at 1314-1318 W Touhy Ave highlights the expertise and professionalism of Sue Hall and the Century 21 Elm, Realtors agency.
Players
Park Ridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Century 21 to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93