Updated Dec 4, 2024
Compass Represents Buyer In $1.325M Sale Of Chicago MultiFamily Property
1701 West Henderson Street
$1,325,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 29, 2023
About this deal
AI
A multifamily property located at 1701 West Henderson Street in Chicago was recently sold for $1.325 million. The property is part of the MultiFamily asset type.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,325,000
- Address: 1701 West Henderson Street, Chicago
- Market: Chicago
The buyer's representative in this transaction was Terry Kraus from Compass, while the seller's representative was Nathan Noel from Baird & Warner.
This sale of the multifamily property at 1701 West Henderson Street in Chicago emphasizes the collaboration between Terry Kraus, representing the buyer, and Nathan Noel, representing the seller.
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
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93