Interra Realty Facilitates $1.25M Sale Of Pilsen Multifamily Property On S Loomis St
1940 South Loomis Street, Chicago, Illinois 60608, United States
$1,250,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 12, 2022
AI
The multifamily property located at 1940 S Loomis St in Pilsen has been sold for a total of $1,250,000. The transaction took place on June 13, 2022. The property consists of 6 units, resulting in a price per unit of $208,333. The sale was facilitated by brokers Harrison Pinkus and Jeremy Morton from Interra Realty.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 1940 S Loomis St
- Market: Pilsen
- Units: 6
- Price per Unit: $208,333
Harrison Pinkus and Jeremy Morton from Interra Realty played a crucial role in this transaction as the brokers representing the parties involved.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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