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Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.29M

Property Image
SOLD
$1,294,200

Illinois

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MultiFamily3,049 SF
Sold 04/07/2021
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Property Image
SOLD

Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.29M

1612 West Le Moyne Street, Chicago, IL, USA

See Similar Deals
MultiFamily3,049 SF
Sold 04/07/2021
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$424
Total Square Footage:3,049 SF
Transaction Type:Sale

The multifamily property located at 1612 W Le Moyne St in Chicago has been sold for a price of $1,294,200. The transaction took place on April 7, 2021. Linda Levin of Jameson Sotheby's Intl Realty represented the buyer, while Brian Moon of Keller Williams ONEChicago represented the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,294,200
  • Date: 04/07/2021
  • Address: 1612 W Le Moyne St, Chicago
  • Market: Chicago

Linda Levin from Jameson Sotheby's Intl Realty acted as the buyer's representative in this transaction, while Brian Moon from Keller Williams ONEChicago represented the seller. The property, located in Chicago, was sold for a price of $1,294,200 on April 7, 2021.

Players

Linda Levin
8 deals$21.8M volume
BROKER

Brian Moon
Keller Williams Realty
5 deals$5.7M volume
BROKER

Details

SOLD
IMAGE: Linda Levin & Brian Moon DATE: 04/07/2021 ADDRESS: 1612 W Le Moyne St MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Linda Levin - Jameson Sotheby's Intl Realty SELLER'S REP: Brian Moon - Keller Williams ONEChicago PRICE: $1,294,200

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

$69,024.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,598.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,135.17
Annual Debt Service$73,622.02