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2037 West Huron Street

Fulton Grace Realty Acquires Multifamily Property In Chicago For $1.2M
SOLDMultiFamily

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

Konrad Dabrowski

Fulton Grace Realty

Broker

$13.8M

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93