Roman Patzner & Clark Patterson Facilitate $1.26M Multifamily Sale In Chicago
1816 North Wood Street
$1,256,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 13, 2024
AI
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.
Players
Chicago 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
12.63%
Cash-on-Cash
-3.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93