Camille Canales & Leigh Marcus Facilitate $1.425M MultiFamily Sale In Chicago
1406 North Cleveland Avenue
$1,425,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 24, 2024
AI
In Chicago, a multifamily property located at 1406 North Cleveland Avenue was recently sold for $1,425,000. The property consists of three units, resulting in a price per unit of $475,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,425,000
- Address: 1406 North Cleveland Avenue
- Market: Chicago
- Units: 3
- Price Per Unit: $475,000
Camille Canales from Compass served as the buyer's representative in the transaction, while Leigh Marcus from @properties Christie's International Real Estate represented the seller.
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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93