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1909 West Ohio Street

Randy Nasatir Represents Buyer In $1M Multifamily Sale In Chicago, West Town
SOLDMultiFamily

Randy Nasatir Represents Buyer In $1M Multifamily Sale In Chicago, West Town

1909 West Ohio Street

$1,000,000

Building Size

Asset Type

MultiFamily

Closing

Jul 11, 2024

AI

The 4-unit multifamily property located at 1909 West Ohio Street in Chicago's West Town was sold for $1 million. The building, which features in-unit laundry and private outdoor space, presents opportunities for increased rental income or owner-occupancy.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Units: 4
  • Price Per Unit: $250,000
  • Address: 1909 West Ohio Street
  • Market: Chicago

Randy Nasatir of MO2 Brokerage acted as the buyer's representative in the transaction, facilitating the purchase of the multifamily property. On the other hand, Brandon Carlson from Mo2 Properties represented the seller in this real estate deal.

Players

Randy Nasatir

At Properties Commercial

Broker

$2.1M

vol

2 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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93