Updated Dec 22, 2023
Nicole Kourtis Represents Buyer And Susan Lawrence Represents Seller In $1.5M Chicago Multifamily Sale
1315 West Henderson Street, Chicago, Illinois 60657, United States
$1,500,000
$260/SF
Building Size
5,766 SF
Asset Type
MultiFamily
Closing
Apr 26, 2022
About this deal
AI
The multifamily property located at 1315 W Henderson St in Chicago has been sold in a closed transaction. The property spans 5,766 square feet and was sold for a total price of $1,500,000, resulting in a price per square foot of $255.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 1315 W Henderson St
- Market: Chicago
- Buyer's Rep: Nicole Kourtis Properties
- Seller's Rep: Susan Lawrence Properties
Nicole Kourtis Properties represented the buyer in this transaction, while Susan Lawrence Properties acted as the seller's representative.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93