Compass Represents Buyer And Baird & Warner Represents Seller In $1M Multifamily Sale On Chicago's W Moffat St
SOLD
$1,000,000
Illinois
See Similar DealsMultiFamily2,500 SF
Sold 12/27/2021
SOLD
Compass Represents Buyer And Baird & Warner Represents Seller In $1M Multifamily Sale On Chicago's W Moffat St
2013 West Moffat Street, Chicago, IL 60647
See Similar DealsMultiFamily2,500 SF
Sold 12/27/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$400
Total Square Footage:2,500 SF
Transaction Type:Sale
The multifamily property located at 2013 W Moffat St in Chicago has been sold for a price of $1,000,000. The transaction took place on 12/27/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 2013 W Moffat St
- Market: Chicago
The buyer's representative, Adele Lang, from Compass and the seller's representative, Abigail Kelly, from Baird & Warner, facilitated the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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