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1533 West Ferry Street, Chi...

Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.35M
SOLDMultiFamily

Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.35M

1533 West Ferry Street, Chicago, IL 60642

$1,350,000

$216/SF

Building Size

6,250 SF

Asset Type

MultiFamily

Closing

Jun 1, 2020

AI

A multifamily property located at 1533 W Fry St in Chicago was recently sold for $1,350,000. The transaction took place on 06/01/2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Address: 1533 W Fry St, Chicago

Patrick Teets from Jameson Sotheby's Intl Realty represented the buyer in this deal. Cheryl Reimer from Mark Allen Realty, LLC acted as the seller's representative.

Players

Patrick Teets

Sotheby's International Realty

Broker

$3.7M

vol

3 deals

Broker

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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93