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1833 North Larrabee Street,...

Fulton Grace Realty Facilitates $1.3M Sale Of Multifamily Property On N Larrabee St, Chicago
SOLDMultiFamily

Fulton Grace Realty Facilitates $1.3M Sale Of Multifamily Property On N Larrabee St, Chicago

1833 North Larrabee Street, Chicago, IL 60614, USA

$1,300,000

$433/SF

Building Size

3,000 SF

Asset Type

MultiFamily

Closing

Oct 4, 2021

AI

A multifamily property located at 1833 N Larrabee St in Chicago was recently sold for $1,300,000 on 10/04/2021. The property is situated in the Chicago market and was listed for sale.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,300,000
  • Transaction Date: 10/04/2021
  • Address: 1833 N Larrabee St, Chicago

The brokers involved in the deal were Konrad Dabrowski and William Goldberg from Fulton Grace Realty. They represented the parties in the transaction, facilitating the sale of the multifamily property.

Players

Konrad Dabrowski

Fulton Grace Realty

Broker

$13.8M

vol

6 deals

Broker

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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93