Updated Dec 21, 2023
Diane Vanna Of Baird & Warner Represents Buyer In $1.18M Multifamily Sale In Chicago
1941 North Francisco Avenue, Chicago, Illinois 60647, United States
$1,184,000
Units
5
Asset Type
MultiFamily
Closing
Jun 15, 2022
About this deal
AI
A multifamily property located at 1941 N Francisco Ave in Chicago has been sold for a total price of $1,184,000. The property consists of 5 units, resulting in a price per unit of $236,800. The transaction took place on June 16th, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,184,000
- Units: 5
- Price Per Unit: $236,800
- Date: 06/16/2022
- Address: 1941 N Francisco Ave, Chicago
- Buyer's Representative: Diane Vanna - Baird & Warner
- Seller's Representative: Irena Cepulyte - Cedar Realty
Diane Vanna from Baird & Warner represented the buyer in this transaction, while Irena Cepulyte from Cedar Realty represented the seller. Both parties were instrumental in facilitating the successful sale.
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
13.40%
Cash-on-Cash
-3.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93