SOLDMultiFamily
Interra Realty Sells 5-Unit Multifamily Property In West Town, Chicago
1401 West Hubbard Street
$1,985,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 14, 2022
AI
A multifamily property located at 1401 W Hubbard St in West Town, Chicago, has been sold for $1,985,000. The property consists of 5 units, with an average price per unit of $397,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,985,000
- Address: 1401 W Hubbard St, West Town, Chicago
- Market: West Town, Chicago
- Broker: Harrison Pinkus - Interra Realty
- Units: 5
- Price per Unit: $397,000
Harrison Pinkus of Interra Realty represented the parties involved in the transaction.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.99%
Cash-on-Cash
-2.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93