Updated Dec 19, 2023
Dino Pizzoferrato Represents Buyer In $1.6M Multifamily Sale On West Fulton St, Chicago
1420 West Fulton Street, Chicago, IL 60607
$1,600,000
$435/SF
Building Size
3,675 SF
Asset Type
MultiFamily
Closing
Sep 28, 2021
About this deal
AI
A multifamily property located at 1420 W Fulton St in Chicago has been sold for $1,600,000. The property consists of 3 units, with each unit having an average price of $533,333. The total square footage of the property is 3,675, resulting in a price per square foot of $435. The lot size is 2,484 square feet, making the price per lot square footage $644.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 3
- Average Price per Unit: $533,333
- Total Square Footage: 3,675
- Price per Square Foot: $435
- Lot Size: 2,484 square feet
- Price per Lot Square Foot: $644
The buyer's representative for this transaction was Dino Pizzoferrato from Jameson Commercial, while the seller was represented by Dominique Gagnon from Jameson Sotheby's International Realty.
Players
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93