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
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