SOLDMultiFamily
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
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.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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