Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago With Keller Williams ONEChicago
SOLD
$1,265,000
Illinois
See Similar DealsMultiFamily3,920 SF
Sold 09/22/2021
SOLD
Jameson Sotheby's International Realty Acquires Multifamily Property In Chicago With Keller Williams ONEChicago
2028 N Seminary Ave, Chicago, IL, USA
See Similar DealsMultiFamily3,920 SF
Sold 09/22/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$322
Total Square Footage:3,920 SF
Transaction Type:Sale
Located at 2028 N Seminary Ave in Chicago, this multifamily property was recently sold in a closed transaction. The property consists of 3 units and has a total square footage of 3,920. The sale price was $1,265,000, resulting in a price per unit of $421,667 and a price per square foot of $323.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,265,000
- Units: 3
- Price Per Unit: $421,667
- Lot Square Footage: 3,920
- Price Per Square Foot: $323
Brant Booker from Jameson Sotheby's International Realty represented the buyer in this transaction, while the seller was represented by Tony Zaskowski from Keller Williams ONEChicago.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,466.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,494.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,996.75
Annual Debt Service$71,960.94
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