Fulton Grace Realty Acquires Multifamily Property In Chicago For $1.2M
2037 West Huron Street & 39 West Huron Street
$1,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 29, 2023
AI
A multifamily property located at 2037-39 West Huron Street in Chicago has been sold for $1.2 million. The property covers a land area of 5,832 square feet, resulting in a price per square foot of $206.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Lot Size: 5,832 square feet
- Price per Square Foot: $206
- Address: 2037-39 West Huron Street, Chicago
- Market: Chicago
The buyer, represented by Konrad Dabrowski of Fulton Grace Realty, acquired the property. On the other hand, Emily Connolly of EXIT Strategy Realty acted as the seller's representative.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93