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1726 West Cullerton Street

Lawrence Dunning of Main Street Real Estate Group Represents Buyer In $1,425M Sale Of Chicago Multifamily
SOLDMultiFamily

Lawrence Dunning of Main Street Real Estate Group Represents Buyer In $1,425M Sale Of Chicago Multifamily

1726 West Cullerton Street

$1,425,000

Building Size

Asset Type

MultiFamily

Closing

Apr 12, 2024

AI

The new construction 3-unit multifamily building located at 1726 West Cullerton Street in Chicago was sold for $1,425,000. Situated in Pilsen, the property boasts state-of-the-art finishes, open-concept layouts, and offers prime access to public transportation and local amenities.

Summary of transaction details:

Lawrence Dunning of Main Street Real Estate Group represented the buyer in the sale of this property, facilitating the transaction in the sought-after neighborhood of Pilsen.

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

11.13%

Cash-on-Cash

-3.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93