Updated Dec 20, 2023
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
About this deal
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.
The multifamily sale at 1319 W Foster Ave, Chicago, IL, USA in Chicago, Illinois sold for $1M in 2021. The building is 3,050 square feet, implying about 327 per square foot on the published price. Mary Haight, Riz Gilani, Dream Town Realty, Compass appear on the sale alongside Dream Town Realty, Compass. This page is the Chicago, Illinois file for the 1319 W Foster Ave, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 1319 W Foster Ave, Chicago, IL, USA around 2021. Published consideration for 1319 W Foster Ave, Chicago, IL, USA is $1M, dated 2021. Cite this Dream Town Realty Acquires Multifamily Property In Chicago For $1M sale when underwriting similar multifamily product around Chicago, Illinois.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Riz Gilani 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