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Multifamily Property In Chicago Sold For $1.08M With Buyer's Rep Alan Cosby & Seller's Rep David Wisneski
SOLD
$1,080,000
Illinois
See Similar DealsMultiFamily
Sold
SOLD
Multifamily Property In Chicago Sold For $1.08M With Buyer's Rep Alan Cosby & Seller's Rep David Wisneski
2026 North Bissell Street
See Similar DealsMultiFamily
Sold
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
In Chicago's real estate scene, a multifamily property located at 2026 North Bissell Street was sold for $1,080,000. The property is situated in the market of Chicago and features multiple living units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,080,000
- Address: 2026 North Bissell Street
- Market: Chicago
Representing the buyer was Alan Cosby from Westward 360, while David Wisneski from @properties Christie's International Real Estate represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,837.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,119.75
Annual Debt Service$61,437.01
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