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
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.
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
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93