Updated Sep 5, 2024
Keller Williams Realty Infinity Acquires Multifamily Property In Chicago For $1.17M
1447 North Wood Street, Chicago, IL 60622, USA
$1,170,000
$487/SF
Building Size
2,400 SF
Asset Type
MultiFamily
Closing
Dec 3, 2021
About this deal
AI
The multifamily property located at 1447 N Wood St in Chicago has been sold for a total price of $1,170,000. The property encompasses a lot size of 2,400 square feet, resulting in a price per square foot of $488.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,170,000
- Lot Size: 2,400 square feet
- Price per Square Foot: $488
The buyer's representative in this transaction was Rebecca Roark from Keller Williams Realty Infinity, while the seller's representative was Jennifer Cummings 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
13.56%
Cash-on-Cash
-3.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93