Updated Dec 21, 2023
Carrie McCormick Properties Sells Multifamily Property In Chicago For $1.23M
1922 West Bradley Place, Chicago, Illinois 60613, United States
$1,230,000
$328/SF
Building Size
3,750 SF
Asset Type
MultiFamily
Closing
Jun 14, 2022
About this deal
AI
A multifamily property located at 1922 W Bradley Pl in Chicago has been sold for a price of $1,230,000. The property has a lot size of 3,750 square feet, resulting in a price per square foot of $328.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,230,000
- Lot Size: 3,750 square feet
- Price per Square Foot: $328
- Buyer's Representative: Kok Keng Goh - Ask Nagel
- Seller's Representative: Carrie McCormick Properties
The buyer in this transaction was represented by Kok Keng Goh from Ask Nagel, while Carrie McCormick Properties acted as the seller's representative.
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
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93