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Multifamily Building Sold For $1 Million In Chicago's East Pilsen With Brokers Anne Fan & Colleen Navigato
SOLD
$1,000,000
Illinois
See Similar DealsMultiFamily
Sold 09/06/2024
SOLD
Multifamily Building Sold For $1 Million In Chicago's East Pilsen With Brokers Anne Fan & Colleen Navigato
1800 South Peoria Street
See Similar DealsMultiFamily
Sold 09/06/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily building located at 1800 South Peoria Street in Chicago's East Pilsen has been sold. This property comprises three large units with features such as 16-foot ceilings and in-unit laundry. Recent updates include a new roof and HVAC systems.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,000,000
- Address: 1800 South Peoria Street
- Market: Chicago
- Brokers: Anne Fan & Colleen Navigato - Compass
Colleen Navigato and Anne Fan represented the sale of the multifamily building, showcasing their involvement in facilitating the transaction within the Chicago market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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