Updated Sep 5, 2024
Main Street Real Estate Group Acquires Multifamily Property In Chicago For $1.25M
1461 W Walton St, Chicago, IL, USA
$1,250,000
$268/SF
Building Size
4,656 SF
Asset Type
MultiFamily
Closing
Apr 14, 2021
About this deal
AI
A multifamily property located at 1461 W Walton St in Chicago was recently sold for $1,250,000. The property consists of 4 units and was sold on April 15, 2021. The price per unit for this transaction was $312,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Units: 4
Rory Threatt from Main Street Real Estate Group represented the buyer in this transaction, while Connie Aparcedo from Coldwell Banker Realty represented the seller.
The multifamily sale at 1461 W Walton St, Chicago, IL, USA in Chicago, Illinois sold for $1.3M in 2021. Reported inventory is 4,656 square feet across 4 units, or about 268 per square foot. Rory Threatt, Connie Aparcedo, Main Street Real Estate Group, Coldwell Banker appear on the sale alongside Main Street Real Estate Group, Coldwell Banker. This page is the Chicago, Illinois file for the 1461 W Walton St, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 1461 W Walton St, Chicago, IL, USA around 2021. Published consideration for 1461 W Walton St, Chicago, IL, USA is $1.3M, dated 2021. Cite this Main Street Real Estate Group Acquires Multifamily Property In Chicago For $1.25M sale when underwriting similar multifamily product around Chicago, Illinois.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93