Luke Wojcik Of Jameson Sotheby's Closes $1.375M Evanston Multifamily Sale At 200 South Blvd
SOLD
$1,375,000
Illinois
See Similar DealsMultiFamily7,500 SF
Sold 02/25/2021
SOLD
Luke Wojcik Of Jameson Sotheby's Closes $1.375M Evanston Multifamily Sale At 200 South Blvd
200 South Blvd, Evanston, IL, USA
See Similar DealsMultiFamily7,500 SF
Sold 02/25/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$183
Total Square Footage:7,500 SF
Transaction Type:Sale
The multifamily property located at 200 South Blvd in Evanston has been sold for $1,375,000. The property consists of 8 units and spans approximately 7,500 square feet. This translates to a price per square foot of $183 and a price per unit of $171,875. The transaction took place on February 25, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,375,000
- Address: 200 South Blvd, Evanston
- Market: Evanston
The sale of this multifamily property was facilitated by Luke Wojcik of Jameson Sotheby's International Realty. Luke Wojcik acted as the broker representing the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$73,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,885.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,518.20
Annual Debt Service$78,218.42
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