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18019 Dixie Highway, Homewo...

Michael Duckler Of Interra Realty Sells Homewood Multifamily In $1.375M Deal
SOLDMultiFamily

Michael Duckler Of Interra Realty Sells Homewood Multifamily In $1.375M Deal

18019 Dixie Highway, Homewood, Illinois 60430, United States

$1,375,000

Building Size

Asset Type

MultiFamily

Closing

Aug 29, 2022

AI

An investment property located at 18019 Dixie Hwy in Homewood has been sold for a price of $1,375,000. The property is classified as a multifamily asset. The transaction took place on August 30, 2022. Michael Duckler from Interra Realty served as the broker representing the parties involved in the deal.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,375,000
  • Date: August 30, 2022
  • Address: 18019 Dixie Hwy, Homewood
  • Market: Homewood

Michael Duckler from Interra Realty played a key role as the broker in facilitating the sale of the property. Their expertise and negotiation skills contributed to the successful completion of the transaction.

Players

Michael Duckler

Interra Realty

Broker

$77M

vol

23 deals

Broker

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

11.54%

Cash-on-Cash

-3.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93