Updated Dec 21, 2023
Compass Acquires Multifamily Property In Chicago For $1.2M
1821 West Barry Avenue, Chicago, Illinois 60657, United States
$1,199,000
$393/SF
Building Size
3,049 SF
Asset Type
MultiFamily
Closing
Jun 2, 2022
About this deal
AI
The multifamily property located at 1821 W Barry Ave in Chicago has recently been sold. The sale was facilitated by buyer's representative, Daniel Cozzi from Compass, and seller's representative, Carrie McCormick from roperties. The transaction took place on June 3, 2022.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,199,000
- Units: 3
- Price per Unit: $399,667
- Lot Size: 3,049 square feet
- Price per Square Foot: $393
The multifamily property consists of three units, with each unit priced at approximately $399,667. The total lot size of the property is 3,049 square feet, resulting in a price per square foot of $393.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.23%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93