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1722 West Hastings Street, ...

Lawrence Dunning Sells Chicago Multifamily Property On 1722 W Hastings St For $1.03M
SOLDMultiFamily

Lawrence Dunning Sells Chicago Multifamily Property On 1722 W Hastings St For $1.03M

1722 West Hastings Street, Chicago, Illinois 60608, United States

$1,025,000

$292/SF

Building Size

3,500 SF

Asset Type

MultiFamily

Closing

Apr 27, 2022

AI

The multifamily property located at 1722 W Hastings St in Chicago has been sold. The property spans a total area of 3,500 square feet, with a sale price of $1,025,000. This translates to a price per square foot of $293. The lot size is 2,614 square feet, resulting in a price per lot square footage of $392.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,025,000
  • SF: 3,500
  • PPSF: $293
  • LOT SF: 2,614
  • PPLSF: $392

Lisa Yassin, representing Lisa R Yassin, acted as the buyer's representative in this transaction. Lawrence Dunning from Main Street Real Estate Group served as the seller's representative.

Players

Lawrence Dunning

Main Street Real Estate Group

Broker

$5.9M

vol

5 deals

Broker

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

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93