Updated Dec 4, 2024
Fulton Grace Realty Acquires Multifamily Property In Chicago For $1.471M
1528 North Lasalle Drive
$1,471,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 22, 2024
About this deal
AI
1528 North Lasalle Drive, a multifamily property in Chicago, was recently sold for $1,471,000. The transaction was facilitated by Roman Patzner from Fulton Grace Realty, representing the buyer, and Andrew Kenning from Keller Williams ONEChicago, representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,471,000
- Address: 1528 North Lasalle Drive
- Market: Chicago
- Buyer's Rep: Roman Patzner - Fulton Grace Realty
- Seller's Rep: Andrew Kenning - Keller Williams ONEChicago
Roman Patzner from Fulton Grace Realty and Andrew Kenning from Keller Williams ONEChicago were instrumental in facilitating the sale of the multifamily property located at 1528 North Lasalle Drive in Chicago.
On the Map
$1,471,000
MultiFamily
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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
10.78%
Cash-on-Cash
-3.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93