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2026 North Bissell Street

Multifamily Property In Chicago Sold For $1.08M With Buyer's Rep Alan Cosby & Seller's Rep David Wisneski
SOLDMultiFamily

Multifamily Property In Chicago Sold For $1.08M With Buyer's Rep Alan Cosby & Seller's Rep David Wisneski

2026 North Bissell Street

$1,080,000

Building Size

Asset Type

MultiFamily

Closing

Jan 31, 2024

AI

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.

Players

Alan Cosby

Westward360

Broker

$8.7M

vol

6 deals

Broker

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

14.69%

Cash-on-Cash

-4.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93