Carrie McCormick Acquires Multifamily Property In Chicago For $1.45M
2021 West Dickens Avenue, Chicago, Illinois 60614, United States
$1,450,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 1, 2022
AI
Located in the Chicago market, the multifamily property at 2021 W Dickens Ave recently changed hands in a closed transaction. The sale, facilitated by Carrie McCormick, a representative from Anne Killarney Properties Christie's International Real Estate, was finalized on 06/02/2022 for a sale price of $1,450,000.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Address: 2021 W Dickens Ave
- Market: Chicago
Carrie McCormick, along with Anne Killarney Properties Christie's International Real Estate, played a pivotal role as the brokers representing the parties involved in this transaction.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93