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
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