Updated Dec 21, 2023
Jameson Sotheby's Intl Realty Sells Multifamily Property In Chicago's Sheffield Ave For $1.125M
1864 N Sheffield Ave, Chicago, IL, USA
$1,125,000
$405/SF
Building Size
2,772 SF
Asset Type
MultiFamily
Closing
Mar 1, 2021
About this deal
AI
The multifamily property located at 1864 N Sheffield Ave in Chicago has been sold for $1,125,000. The property consists of 2 units, with a price per unit of $562,500. The sale took place on 03/02/2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,125,000
- Units: 2
- Price Per Unit: $562,500
- Date: 03/02/2021
- Address: 1864 N Sheffield Ave, Chicago
Victor Jones from HomeSmart Realty Group represented the buyer in this transaction, while Jennifer Mills from Jameson Sotheby's Intl Realty represented the seller.
On the Map
$1,125,000
$405/SF
MultiFamily
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93