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1741 West Crystal Street, C...

Updated Dec 19, 2023

Coldwell Banker Realty Represents Buyer In $1.04M Multifamily Sale On W Crystal St, Chicago
SOLDMultiFamily

Coldwell Banker Realty Represents Buyer In $1.04M Multifamily Sale On W Crystal St, Chicago

1741 West Crystal Street, Chicago, Illinois 60622, United States

$1,040,000

$477/SF

Building Size

2,178 SF

Asset Type

MultiFamily

Closing

Jun 8, 2022

About this deal

AI

The multifamily property located at 1741 W Crystal St in Chicago has been sold. The transaction took place on 06/09/2022. The property consists of 2 units, with a price per unit of $520,000. The total sale price for the property was $1,040,000. The lot size is 2,178 square feet, and the price per square foot is $478.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,040,000
  • Units: 2
  • Price per Unit: $520,000
  • Lot Size: 2,178 square feet
  • Price per Square Foot: $478

Zivile Pitkiene from Coldwell Banker Realty represented the buyer in this transaction, while Stephen Fisher from Berkshire Hathaway HomeServices Chicago acted as the seller's representative.

Players

Stephen Fisher

Berkshire Hathaway HomeServices

Broker

$2.1M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $477 per square foot on a published $1M for 2,178 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.25%

Cash-on-Cash

-4.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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