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1320 North Lasalle Drive

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

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.

Players

Stefanie Lavelle

Christie's International Real Estate

Broker

$1.3M

vol

1 deal

Broker

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