Updated Sep 9, 2024
$425,000 Sale Of Property At 17828 Park Ave Homewood With Buyer's Rep Adam Fortino
17828 Park Ave, Homewood, IL, 60430
$425,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 12, 2019
About this deal
AI
The property located at 17828 Park Ave, Homewood, IL, 60430, is a six-unit apartment building featuring four one-bedroom / one-bathroom units and two three-bedroom / two-bathroom units. The asset, which is well maintained, is constructed with flexicore materials and was sold for $425,000. The square footage of the property is not specified.
Summary of transaction details:
- Property Type: Apartment
- Transaction Amount: $425,000.00
- Address: 17828 Park Ave, Homewood, IL, 60430
- Market: Homewood
- Buyer's Representative: Adam Fortino - Marcus & Millichap
- Buyer: Unknown
- Seller: Unknown
Adam Fortino, an investment specialist from Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property and successfully represented the unknown buyer in the transaction. Both the buyer and seller are private investors.
On the Map
$425,000
MultiFamily
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Homewood 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
37.32%
Cash-on-Cash
-10.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93