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
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