Updated Oct 29, 2024
FCA Acquires Property At 2020 N Spaulding Ave In Chicago For $1.1 Million With Rep James Darrow
2020 N Spaulding Ave, Chicago, IL, 60...
$1,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 14, 2017
About this deal
AI
The property involved in this transaction is located at 2020 N Spaulding Ave, Chicago, IL, and comprises an eight-unit apartment building situated in the Logan Square neighborhood. The sale price was $1,100,000. The square footage of the property is not specified.
Summary of transaction details:
- Property Type: Apartment Building
- Transaction Amount: $1,100,000.00
- Address: 2020 N Spaulding Ave, Chicago, IL
- Market: Chicago
- Buyer: FCA
- Seller: FCA
- Buyer's Representative: James Darrow - Essex Realty Group
- Seller's Representative: James Darrow - Essex Realty Group
Essex Realty’s Jim Darrow and Jordan Gottlieb represented both the buyer and the seller in this transaction. This reflects their role in facilitating the sale for FCA on both sides of the deal.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93