Horvath & Tremblay Brokers Sell Stone Park Multifamily Property For $580K
SOLD
$580,000
+ 1
Illinois
See Similar DealsMultiFamily
Sold 06/14/2022
SOLD
Horvath & Tremblay Brokers Sell Stone Park Multifamily Property For $580K
1637 43rd Avenue, Stone Park, Illinois 60165, United States
See Similar DealsMultiFamily
Sold 06/14/2022
+ 1
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 1637 43rd Ave in Stone Park was recently sold for a price of $580,000. The property consists of 8 units, with each unit having a price per unit (PPU) of $72,500. The transaction took place on 06/14/2022, with a cap rate of 7.55%.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $580,000
- Address: 1637 43rd Ave
- Market: Stone Park
- Units: 8
- Price Per Unit (PPU): $72,500
- Cap Rate: 7.55%
The sale of the property was facilitated by brokers Ryan Link, Jonah Carman, Andrew O'Connell, and Anthony Spangler from Horvath & Tremblay.
Note: No additional information is available regarding the property or individuals involved in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$30,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,060.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,749.50
Annual Debt Service$32,993.95
Is there something missing? Send suggestions