Dream Town Realty Facilitates $1.42M Sale Of Multifamily Property In Chicago
1706 North Dayton Street, Chicago, IL 60614
$1,420,000
$477/SF
Building Size
2,976 SF
Asset Type
MultiFamily
Closing
Jan 21, 2022
AI
The multifamily property located at 1706 N Dayton St in Chicago has been sold. The transaction took place on January 21, 2022, with a sale price of $1,420,000. The property consists of 4 units, resulting in a price per unit (PPU) of $355,000. The lot size of the property is 2,976 square feet, resulting in a price per square foot (PPLSF) of $477. The sale was facilitated by Steve Genyk of Dream Town Realty.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,420,000
- Units: 4
- Price per Unit (PPU): $355,000
- Lot Size: 2,976 square feet
- Price per Square Foot (PPLSF): $477
Steve Genyk from Dream Town Realty played a crucial role as the broker in this transaction. He represented the seller or buyer, ensuring a successful deal for both parties involved.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.17%
Cash-on-Cash
-3.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93