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Roman Patzner & Clark Patterson Facilitate $1.26M Multifamily Sale In Chicago
SOLD
Illinois
See Similar DealsMultiFamily
Sold 03/13/2024
SOLD
Roman Patzner & Clark Patterson Facilitate $1.26M Multifamily Sale In Chicago
1816 North Wood Street
See Similar DealsMultiFamily
Sold 03/13/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
In Chicago, a multifamily property located at 1816 North Wood Street was recently sold for $1,256,000. Roman Patzner of Fulton Grace Realty represented the buyer, while Clark Patterson of Jameson Commercial represented the seller in this transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,256,000
- Address: 1816 North Wood Street
- Market: Chicago
Roman Patzner of Fulton Grace Realty served as the buyer's representative, while Clark Patterson of Jameson Commercial acted as the seller's representative in the sale of this multifamily property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,986.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,462.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,954.08
Annual Debt Service$71,448.97
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