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Grigory Pekarsky & Kandy Gribat Facilitate $1.12M Chicago Multifamily Sale

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SOLD
$1,120,000

Illinois

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MultiFamily
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SOLD

Grigory Pekarsky & Kandy Gribat Facilitate $1.12M Chicago Multifamily Sale

1505 West Huron Street

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MultiFamily
Sold
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

A multifamily property situated at 1505 West Huron Street in Chicago was recently sold for $1,120,000. The transaction was facilitated by Grigory Pekarsky from Vesta Preferred Realty, representing the buyer, and Kandy Gribat from Keller Williams Realty Partners, representing the seller.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,120,000
  • Address: 1505 West Huron Street
  • Market: Chicago
  • Buyer's Rep: Grigory Pekarsky - Vesta Preferred Realty
  • Seller's Rep: Kandy Gribat - Keller Williams Realty Partners

The sale of the multifamily property at 1505 West Huron Street in Chicago at the price of $1,120,000 involved key individuals in the deal. Grigory Pekarsky of Vesta Preferred Realty represented the buyer, while Kandy Gribat of Keller Williams Realty Partners represented the seller, ensuring a successful transaction for both parties.

Players

Grigory Pekarsky
8 deals$11.5M volume
BROKER

Kandy Gribat
Keller Williams Realty
1 deal$1.1M volume(312) 805-4951
BROKER

Details

SOLD
IMAGE: Kandy Gribat & Grigory Pekarsky DATE: 05/01/2024 ADDRESS: 1505 West Huron Street MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Grigory Pekarsky (@Grigory_Pekarsky) - Vesta Preferred Realty (@VestaPreferredChicago) SELLER'S REP: Kandy Gribat - Keller Williams Realty Partners (@KellerWilliamsRealty) SALE PRICE: $1,120,000 NOTE: In Chicago's market, a multifamily property located at 1505 West Huron Street was sold for $1,120,000. The transaction was represented by Grigory Pekarsky of Vesta Preferred Realty for the buyer and Kandy Gribat of Keller Williams Realty Partners for the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$59,733.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,979.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,309.37
Annual Debt Service$63,712.46