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
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93