Updated Dec 21, 2023
Compass Represents Buyer And Seller In $1.8M Multifamily Sale On W Adams St In Chicago
1519 West Adams Street, Chicago, Illinois 60607, United States
$1,800,000
$421/SF
Building Size
4,271 SF
Asset Type
MultiFamily
Closing
Mar 29, 2022
About this deal
AI
A multifamily property located at 1519 W Adams St in Chicago has been sold for $1,800,000. The property spans 4,271 square feet and has a price per square foot of $421. It sits on a lot measuring 4,356 square feet, with a price per lot square foot of $413.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Date: 03/30/2022
- Address: 1519 W Adams St, Chicago
The buyer's representative in this transaction was Mark Raffaelli from Compass, while the seller's representative was Katie Deeley from Deeley Properties.
Mark Raffaelli from Compass represented the buyer throughout the deal, while Katie Deeley from Deeley Properties 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93