Compass Represents Buyer In $2.7M Multifamily Sale On North Hudson Ave, Chicago
1542 N Hudson Ave Chicago, IL 60610, USA
$2,695,000
Building Size
—
Asset Type
MultiFamily
Closing
May 4, 2023
AI
The multifamily property located at 1542 North Hudson Avenue in Chicago has been sold for a price of $2,695,000. The transaction took place on 05/04/2023, with Catalin Maticiuc from Compass representing the buyer and Matthew Liss & Blazena Bilic from Mark Allen Realty, LLC representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,695,000
- Address: 1542 North Hudson Avenue, Chicago
- Market: Chicago
- Buyer's Rep: Catalin Maticiuc - Compass
- Seller's Rep: Matthew Liss & Blazena Bilic - Mark Allen Realty, LLC
Catalin Maticiuc from Compass represented the buyer in this deal, while Matthew Liss & Blazena Bilic from Mark Allen Realty, LLC represented the seller. The sale of this multifamily property marks a successful transaction in the Chicago market.
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
5.89%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93