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
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.
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