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
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