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Daniel Spector & Adele Lang Broker $1.2M Multifamily Sale In Chicago
SOLD
Illinois
See Similar DealsMultiFamily
Sold 06/18/2024
SOLD
Daniel Spector & Adele Lang Broker $1.2M Multifamily Sale In Chicago
2013 West Moffat Street
See Similar DealsMultiFamily
Sold 06/18/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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