Updated Dec 4, 2024
Matt Walton Of Current Properties Acquires Multifamily Property In Chicago For $1.1M
1331 West Eddy Street
$1,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 11, 2023
About this deal
AI
1331 West Eddy Street, a multifamily property located in Chicago, was sold for a total of $1.1 million. The transaction took place on 12/11/2023.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 1331 West Eddy Street
- Market: Chicago
The buyer, represented by Matt Walton from Current Properties LLC, successfully acquired the property. On the other side, Susan Morrow from Baird & Warner acted as the seller's representative in the transaction.
This transaction highlights the collaboration between Matt Walton, who represented the buyer, and Susan Morrow, who represented the seller. Their expertise and negotiation skills played a crucial role in the completion of this sale.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Chicago multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93