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1753 North Cleveland Avenue...

Julie Harron - Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago For $1.8M
SOLDMultiFamily

Julie Harron - Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago For $1.8M

1753 North Cleveland Avenue, Chicago, IL 60614, USA

$1,800,000

$434/SF

Building Size

4,146 SF

Asset Type

MultiFamily

Closing

Sep 1, 2021

AI

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.

Players

Julie Harron

Sotheby's International Realty

Broker

$24.1M

vol

4 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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93