Chicago's Real Estate Agency Facilitates $2M Multifamily Sale On N Seminary Ave
SOLD
$2,000,000
Illinois
See Similar DealsMultiFamily5,534 SF
Sold 07/13/2021
SOLD
Chicago's Real Estate Agency Facilitates $2M Multifamily Sale On N Seminary Ave
1932 North Seminary Avenue, Chicago, IL, USA
See Similar DealsMultiFamily5,534 SF
Sold 07/13/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$361
Total Square Footage:5,534 SF
Transaction Type:Sale
A multifamily property located at 1932-1934 N Seminary Ave in Chicago has been sold for a price of $2,000,000. The transaction took place on July 13, 2021. The property is a part of the real estate market in Chicago.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 1932-1934 N Seminary Ave, Chicago
- Market: Chicago
The sale of this multifamily property was facilitated by Donald Felton from Chicago's Real Estate Agency.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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