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2043 West Arthur Avenue, Ch...

Updated Dec 20, 2023

Interra Realty Broker Brad Feldman Facilitates $1.75M Sale Of West Rogers Park Multifamily
SOLDMultiFamily

Interra Realty Broker Brad Feldman Facilitates $1.75M Sale Of West Rogers Park Multifamily

2043 West Arthur Avenue, Chicago, Illinois 60626, United States

$1,750,000

$140/SF

Building Size

12,450 SF

Asset Type

MultiFamily

Closing

Jan 2, 2022

About this deal

AI

A multifamily property located at 2043-45 W Arthur Ave in West Rogers Park has been sold for $1,750,000. The property consists of 8 units, with a price per unit of $218,750. The total square footage of the property is 12,450, with a price per square foot of $141. The sale was facilitated by Brad Feldman from Interra Realty.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,750,000
  • Units: 8
  • Price per Unit: $218,750
  • Square Footage: 12,450
  • Price per Square Foot: $141
  • Address: 2043-45 W Arthur Ave
  • Market: West Rogers Park

Brad Feldman from Interra Realty represented the parties involved in the transaction.

Players

Brad Feldman

Interra Realty

Broker

$280.5M

vol

37 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $140 per square foot on a published $1.8M for 12,450 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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