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1928 North Lincoln Avenue

1928 North Lincoln Avenue Multifamily Sold In Chicago For $1.25M
SOLDMultiFamily

1928 North Lincoln Avenue Multifamily Sold In Chicago For $1.25M

1928 North Lincoln Avenue

$1,250,000

Building Size

Asset Type

MultiFamily

Closing

Mar 18, 2024

AI

1928 North Lincoln Avenue in Chicago, a multifamily property, was sold for $1,250,000. Deborah Hess of Compass represented the buyer, while Blazena Bilic and Matthew Liss of Mark Allen Realty represented the seller.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Address: 1928 North Lincoln Avenue
  • Market: Chicago

The sale of the property at 1928 North Lincoln Avenue involved key individuals in the transaction. The buyer, represented by Deborah Hess of Compass, successfully acquired the multifamily asset. On the seller's side, Blazena Bilic and Matthew Liss, both from Mark Allen Realty, facilitated the sale of the property in Chicago.

Players

Matthew Liss

Mark Allen Realty

Broker

$5.6M

vol

3 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

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93