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
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