Updated Dec 21, 2023
Better Living Realty Acquires 8-Unit Multifamily In Chicago For $1.15M
2033 West 19th Street, Chicago, Illinois 60608, United States
$1,150,000
$368/SF
Building Size
3,125 SF
Asset Type
MultiFamily
Closing
Feb 17, 2022
About this deal
AI
The multifamily property located at 2033 W 19th St in Chicago was recently sold for a total price of $1,150,000. The property consists of 8 units, making the price per unit $143,750. The lot size of the property is 3,125 square feet, resulting in a price per square foot of $368.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 8
- Price per Unit: $143,750
- Lot Size: 3,125 square feet
- Price per Square Foot: $368
The buyer was represented by Phillip Buoscio from Better Living Realty, while the seller was represented by Peter Gordon from C. Gallucci Realty Inc.
Players
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93