Updated Oct 28, 2024
Becovic Residential LLC Acquires Multifamily Asset In Rogers Park, Chicago For $9.2M
1531 West Howard Street, Chicago, Illinois 60626, United States
$9,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 28, 2022
About this deal
AI
The multifamily property located at 1531 W Howard Street in Rogers Park, Chicago has been sold for a total of $9,200,000. The transaction took place on September 29, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,200,000
- Address: 1531 W Howard Street
- Market: Rogers Park, Chicago
The buyer of the property was Becovic Residential LLC. The sale was facilitated by brokers Joe Smazal and Colin O'Malley from Interra Realty.
The multifamily sale at 1531 West Howard Street, Chicago, Illinois 60626, United States in Chicago, Illinois sold for $9.2M in 2022. 1531 West Howard Street, Chicago, Illinois 60626, United States is classified as Multifamily on Traded. Colin O'Malley, Joe Smazal, Interra Realty appear on the sale alongside Interra Realty. This page is the Chicago, Illinois file for the 1531 West Howard Street, Chicago, Illinois 60626, United States 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 1531 West Howard Street, Chicago, Illinois 60626, United States around 2022. Published consideration for 1531 West Howard Street, Chicago, Illinois 60626, United States is $9.2M, dated 2022. Cite this Becovic Residential LLC Acquires Multifamily Asset In Rogers Park, Chicago For $9.2M sale when underwriting similar multifamily product around Chicago, Illinois.
On the Map
$9,200,000
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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93