Edward Reagan Acquires Multifamily Property In Chicago For $1.05M
1514 West Wilson Avenue, Chicago, IL 60640, USA
$1,050,000
$267/SF
Building Size
3,920 SF
Asset Type
MultiFamily
Closing
Aug 27, 2021
AI
Located at 1514 W Wilson Ave in Chicago, this multifamily property was recently sold for a price of $1,050,000. The property spans across a lot size of 3,920 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Market: Chicago
The buyer's representative in this deal was Edward Reagan from Safe Harbor Realty LLC, while the seller's representative was Ken Jungwirth from Properties East Lincoln Park.
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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93