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1754 West Roscoe Street

Alejandro Bravo Of Compass Represents Buyer In Chicago Multifamily Sale For $1.63M
SOLDMultiFamily

Alejandro Bravo Of Compass Represents Buyer In Chicago Multifamily Sale For $1.63M

1754 West Roscoe Street

$1,633,000

Building Size

Asset Type

MultiFamily

Closing

Sep 27, 2024

AI

A 3-unit multifamily building at 1754 West Roscoe Street in Chicago has been sold for $1,633,000, translating to a price per unit of $544,333. The building includes a penthouse 3-bed/3-bath duplex with two decks, a first-floor 3-bed/3-bath duplex featuring a patio and deck, and a 2-bed/2-bath unit on the second floor with a deck. High-end finishes throughout the property include hardwood floors, chef's kitchens with stainless steel appliances, en suite primary baths, fireplaces, and open layouts. Additionally, the property comes with a 3-car garage.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,633,000
  • Units: 3
  • Price Per Unit: $544,333
  • Address: 1754 West Roscoe Street
  • Market: Chicago

Alejandro Bravo of Compass represented the buyer in this transaction, while Jenna Chandler of Baird & Warner represented the seller, ensuring a successful deal for both parties involved.

Players

Alejandro Bravo

Compass

Broker

$4.7M

vol

3 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

9.71%

Cash-on-Cash

-2.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93