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1806 North Paulina Street, ...

Updated Dec 19, 2023

Abe Eilian Of Essex Realty Sells 5-Unit Multifamily Property For $1.7M In Bucktown, Chicago
SOLDMultiFamily

Abe Eilian Of Essex Realty Sells 5-Unit Multifamily Property For $1.7M In Bucktown, Chicago

1806 North Paulina Street, Chicago, Illinois 60622, United States

$1,748,600

$213/SF

Building Size

8,200 SF

Asset Type

MultiFamily

Closing

Aug 17, 2022

About this deal

AI

The multifamily property located at 1806 N Paulina St in Bucktown, Chicago has been sold for a total price of $1,748,600. The transaction was completed on 08/18/2022. The property consists of 5 units, with a price per unit of $349,720. The total square footage of the property is 8,200, with a price per square foot of $213.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,748,600
  • Units: 5
  • Price Per Unit: $349,720
  • Square Footage: 8,200
  • Price Per Square Foot: $213

The sale of this property was handled by Abe Eilian from Essex Realty. null

Players

Abe Eilian

Essex Realty Group

Broker

$122M

vol

30 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $213 per square foot on a published $1.7M for 8,200 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.07%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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