Updated Dec 4, 2024
Chicago Multifamily Property Sold For $2.4M With Fulton Grace Realty And Compass As Reps
1970 West Evergreen Avenue
$2,375,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 6, 2023
About this deal
AI
A multi-family property located at 1970 West Evergreen Avenue in Chicago has been sold for a total price of $2,375,000. This property is classified as a multifamily asset and is situated in the Chicago market.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $2,375,000
- Address: 1970 West Evergreen Avenue, Chicago
- Market: Chicago
The buyer in this transaction was represented by Patrick Shino of Fulton Grace Realty. On the other hand, the seller was represented by Michael Walczak of Compass. Both brokers played a crucial role in facilitating the successful sale of this multi-family property.
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
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93