facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

1319 W Foster Ave, Chicago,...

Dream Town Realty Acquires Multifamily Property In Chicago For $1M
SOLDMultiFamily

Dream Town Realty Acquires Multifamily Property In Chicago For $1M

1319 W Foster Ave, Chicago, IL, USA

$1,000,000

$327/SF

Building Size

3,050 SF

Asset Type

MultiFamily

Closing

Aug 20, 2021

AI

The multifamily property located at 1319 W Foster Ave in Chicago has been sold for $1,000,000. The property spans 3,050 square feet, resulting in a price per square foot of $328.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Address: 1319 W Foster Ave, Chicago
  • Market: Chicago

Riz Gilani from Dream Town Realty represented the buyer in this transaction, while Mary Haight from Compass served as the seller's representative.

Players

Riz Gilani

Dream Town Realty

Broker

$4.2M

vol

3 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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