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2043 West Moffat Street, Ch...

Updated Dec 20, 2023

Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $955K
SOLDMultiFamily

Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $955K

2043 West Moffat Street, Chicago, IL, USA

$955,000

$292/SF

Building Size

3,260 SF

Asset Type

MultiFamily

Closing

Dec 21, 2020

About this deal

AI

A multifamily property located at 2043 W. Moffat Street in Chicago has been sold for $955,000. The transaction took place on December 22, 2020. The property is situated in the Chicago market and offers potential for multiple residential units.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $955,000
  • Date: 12/22/2020
  • Address: 2043 W. Moffat Street
  • Market: Chicago

The buyer's representative in the deal was Chris Gomes from Jameson Sotheby's Intl Realty, while the seller was represented by William Fisher of Compass.

Players

Christopher Gomes

Marcus & Millichap

Broker

$160.6M

vol

58 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $292 per square foot on a published $955K for 3,260 square feet (2020).

Visit Christopher (Chris) Gomes to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.61%

Cash-on-Cash

-4.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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