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2013 West Moffat Street

Daniel Spector & Adele Lang Broker $1.2M Multifamily Sale In Chicago
SOLDMultiFamily

Daniel Spector & Adele Lang Broker $1.2M Multifamily Sale In Chicago

2013 West Moffat Street

$1,200,000

Building Size

Asset Type

MultiFamily

Closing

Jun 18, 2024

AI

The multifamily property located at 2013 West Moffat Street in Chicago was sold for $1,200,000. Daniel Spector of Worth Clark Realty represented the buyer, and Adele Lang of Compass represented the seller in the transaction.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 2013 West Moffat Street
  • Market: Chicago

Daniel Spector from Worth Clark Realty acted as the buyer's representative, while Adele Lang from Compass served as the seller's representative in the sale of the multifamily property. Both parties played crucial roles in facilitating the successful transaction.

Players

Adele Lang

Compass

Broker

$3.6M

vol

3 deals

Broker

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93