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
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