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1320 North Lasalle Drive

Updated Dec 4, 2024

Compass Represents Buyer And @properties Christie's International Real Estate Represents Seller In $1.25M Chicago Multifamily Sale
SOLDMultiFamily

Compass Represents Buyer And @properties Christie's International Real Estate Represents Seller In $1.25M Chicago Multifamily Sale

1320 North Lasalle Drive

$1,250,000

Building Size

—

Asset Type

MultiFamily

Closing

Jan 5, 2024

About this deal

AI

1320 North LaSalle Drive in Chicago, a multifamily property, was sold for $1,250,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Address: 1320 North Lasalle Drive
  • Market: Chicago

The buyer in this transaction was represented by John Grafft from Compass, while the seller was represented by Stefanie Lavelle from @properties Christie's International Real Estate.

The multifamily sale at 1320 North Lasalle Drive in Chicago, Illinois sold for $1.3M in 2024. 1320 North Lasalle Drive is classified as Multifamily on Traded. Stefanie Lavelle, John Grafft, Christie's International Real Estate, Compass appear on the sale alongside Christie's International Real Estate, Compass. This page is the Chicago, Illinois file for the 1320 North Lasalle Drive 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 1320 North Lasalle Drive around 2024. Published consideration for 1320 North Lasalle Drive is $1.3M, dated 2024. Cite this Compass Represents Buyer And @properties Christie's International Real Estate Represents Seller In $1.25M Chicago Multifamily Sale sale when underwriting similar multifamily product around Chicago, Illinois.

On the Map

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$1,250,000

MultiFamily

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Players

Stefanie Lavelle

Christie's International Real Estate

Broker

$1.3M

vol

1 deal

Broker
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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

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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