Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 1533 West Ferry Street, Chicago, IL 60642 in Chicago, Illinois sold for $1.4M in 2020. The building is 6,250 square feet, implying about 216 per square foot on the published price. Cheryl Reimer, Patrick Teets, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Chicago, Illinois file for the 1533 West Ferry Street, Chicago, IL 60642 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 1533 West Ferry Street, Chicago, IL 60642 around 2020. Published consideration for 1533 West Ferry Street, Chicago, IL 60642 is $1.4M, dated 2020. Cite this Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.35M sale when underwriting similar multifamily product around Chicago, Illinois.
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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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93