Campbell Street Asset Management Inc Acquires Multifamily Property On W Augusta Blvd, Chicago
SOLD
Illinois
See Similar DealsMultiFamily4,347 SF
Sold 05/05/2021
SOLD
Campbell Street Asset Management Inc Acquires Multifamily Property On W Augusta Blvd, Chicago
1840 W Augusta Blvd, Chicago, Illinois, USA
See Similar DealsMultiFamily4,347 SF
Sold 05/05/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$232
Total Square Footage:4,347 SF
Transaction Type:Sale
The multifamily property located at 1840 W Augusta Blvd in Chicago, IL was recently sold for a total price of $1,010,083. The property spans an area of 4,347 square feet, resulting in a price per square foot of $232. The sale took place on 05/05/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,010,083
- Square Footage: 4,347
Gabriel Horstick from Campbell Street Asset Management Inc represented the buyer in this transaction. Richard Anselmo, from @ Properties, served as the seller's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,871.10
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,588.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,788.31
Annual Debt Service$57,459.70
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