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New Era Chicago, LLC Acquires Multifamily Property On West Bryn Mawr Ave, Chicago For $1.23M
SOLD
$1,226,500
Illinois
See Similar DealsMultiFamily
Sold 10/16/2023
SOLD
New Era Chicago, LLC Acquires Multifamily Property On West Bryn Mawr Ave, Chicago For $1.23M
1676 West Bryn Mawr Avenue
See Similar DealsMultiFamily
Sold 10/16/2023
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
A multi-family property located at 1676 West Bryn Mawr Avenue in Chicago has been sold. The sale price for this property was $1,226,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,226,500
- Address: 1676 West Bryn Mawr Avenue, Chicago
- Market: Chicago
Lyle Schachter from New Era Chicago, LLC acted as the buyer's representative in this transaction, while Jaroslaw Jastrzebski from EXP Realty represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$65,413.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,357.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,814.24
Annual Debt Service$69,770.83
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