Julie Harron - Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago For $1.8M
SOLD
$1,800,000
Illinois
See Similar DealsMultiFamily4,146 SF
Sold 09/01/2021
SOLD
Julie Harron - Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago For $1.8M
1753 North Cleveland Avenue, Chicago, IL 60614, USA
See Similar DealsMultiFamily4,146 SF
Sold 09/01/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$434
Total Square Footage:4,146 SF
Transaction Type:Sale
An multifamily property located at 1753 N Cleveland Ave in Chicago was sold on September 1, 2021. The transaction was facilitated by Julie Harron from Jameson Sotheby's International Realty, who represented the buyer, and Bill Evans Properties Streeterville, who represented the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Square Footage: 4,146
- Price per Square Foot: $434
- Address: 1753 N Cleveland Ave, Chicago
The buyer's representative, Julie Harron, is a real estate agent from Jameson Sotheby's International Realty, and the seller's representative is Bill Evans from Bill Evans Properties Streeterville.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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