Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.35M
SOLD
$1,350,000
Illinois
See Similar DealsMultiFamily6,250 SF
Sold 06/01/2020
SOLD
Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.35M
1533 West Ferry Street, Chicago, IL 60642
See Similar DealsMultiFamily6,250 SF
Sold 06/01/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$216
Total Square Footage:6,250 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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