Donna Agnew Properties Acquires Multifamily Property In Evanston For $1.12M
1943 Sherman Ave, Evanston, IL, USA
$1,120,000
$224/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Apr 4, 2021
AI
The multifamily property located at 1943 Sherman Ave in Evanston has been sold for a price of $1,120,000. The transaction took place on April 5, 2021. The property features multiple residential units, making it an attractive investment in the Evanston market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,120,000
- Date: April 5, 2021
- Address: 1943 Sherman Ave
- Market: Evanston
Donna Agnew represented the buyer in this deal. The buyer's agent, Donna Agnew, is from Agnew Properties. On the other hand, Maryann Marovic from Coldwell Banker Realty acted as the seller's agent.
Players
Evanston 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
14.16%
Cash-on-Cash
-4.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93