Updated Dec 21, 2023
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
About this deal
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.
The multifamily sale at 1514 West Wilson Avenue, Chicago, IL 60640, USA in Chicago, Illinois sold for $1.1M in 2021. The building is 3,920 square feet, implying about 267 per square foot on the published price. Named participants on the 1514 West Wilson Avenue, Chicago, IL 60640, USA sale are Ken Jungwirth, Edward Reagan. This page is the Chicago, Illinois file for the 1514 West Wilson Avenue, Chicago, IL 60640, 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 1514 West Wilson Avenue, Chicago, IL 60640, USA around 2021. Published consideration for 1514 West Wilson Avenue, Chicago, IL 60640, USA is $1.1M, dated 2021. Cite this Edward Reagan Acquires Multifamily Property In Chicago For $1.05M 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93