Updated Oct 29, 2024
Sejad Cantic Acquires Property From FCA With Brian DiBasilio And Adam Saxon Representing In Chicago For $1.8M
1506 W Fargo Ave, Chicago, IL, 60626
$1,800,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 17, 2017
About this deal
AI
A 19-apartment building located at 1506 W Fargo Ave in Chicago, IL, was sold for $1,800,000. The property spans a total of 0 square feet and is positioned in the Chicago market.
Summary of transaction details:
- Property Type: Apartment Building
- Transaction Amount: $1,800,000.00
- Address: 1506 W Fargo Ave, Chicago, IL, 60626
- Market: Chicago
- Buyer: Sejad Cantic
- Seller: FCA
- Buyer's Rep: Brian DiBasilio (Triad Real Estate Partners)
- Seller's Rep: Adam Saxon (Interra Realty)
In addition to the transaction at 1506 W Fargo Ave, Interra Realty's Brad Feldman, Brian DiBasilio, and Adam Saxon facilitated another closing involving a nine-unit building at 5005 West Diversey Ave in Belmont Cragin, which sold for $858,000, with Hugo Ramones as the seller.
On the Map
$1,800,000
MultiFamily
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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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93