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Junzhou Cui Acquires 3-Unit Multifamily In Chicago For $1.64M

Property Image
SOLD
$1,642,500
Michael Hall
Junzhou Cui

Illinois

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MultiFamily
Sold 02/07/2022
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Property Image
SOLD

Junzhou Cui Acquires 3-Unit Multifamily In Chicago For $1.64M

1336 North Dean Street, Chicago, Illinois 60622, United States

See Similar Deals
MultiFamily
Sold 02/07/2022
Michael Hall
Junzhou Cui
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

A multifamily property located at 1336 N Dean St in Chicago has been sold for a total of $1,642,500. The property consists of 3 units, resulting in a price per unit of $547,500.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,642,500

Junzhou Cui from Citywide Real Estate represented the buyer, while Michael Hall from Baird & Warner represented the seller in this transaction.

Players

Michael Hall
Baird & Warner
Michael Hall
8 deals$11.1M volume
BROKER
Junzhou Cui
Junzhou Cui
4 deals$6.5M volume
BROKER

Details

SOLD
IMAGE: Junzhou Cui & Michael Hall DATE: 02/07/2022 ADDRESS: 1336 N Dean St MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Junzhou Cui - Citywide Real Estate SELLER'S REP: Michael Hall - Baird & Warner SALE PRICE: $1,642,500 UNITS: 3 ~ PPU: $547,500

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$87,600.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,835.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,786.29
Annual Debt Service$93,435.46