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Compass Represents Buyer In $2.7M Multifamily Sale On North Hudson Ave, Chicago

Property Image
SOLD
$2,695,000
Catalin Maticiuc
Matthew Liss
Blazena Bilic

Illinois

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MultiFamily
Sold 05/04/2023
the dealplayerscompscontact
Property Image
SOLD

Compass Represents Buyer In $2.7M Multifamily Sale On North Hudson Ave, Chicago

1542 N Hudson Ave Chicago, IL 60610, USA

See Similar Deals
MultiFamily
Sold 05/04/2023
Catalin Maticiuc
Matthew Liss
Blazena Bilic
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

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

Catalin Maticiuc
Compass
Catalin Maticiuc
1 deal$2.7M volume(773) 474-8497
BROKER
Matthew Liss
Mark Allen Realty
Matthew Liss
3 deals$5.6M volume(773) 415-4744
BROKER
Blazena Bilic
Mark Allen Realty
Blazena Bilic
3 deals$5.6M volume(630) 935-0850
BROKER

Details

SOLD
IMAGE: Catalin Maticiuc & Matthew Liss DATE: 05/04/2023 ADDRESS: 1542 North Hudson Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Catalin Maticiuc (@CatalinMaticiuc) - Compass (@Compass) (@Compass.Chicago) SELLER'S REP: Matthew Liss & Blazena Bilic - Mark Allen Realty, LLC (@Mark_Allen_Realty) SALE PRICE: $2,695,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$143,733.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,574.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,775.67
Annual Debt Service$153,308.10