John Preston & John Przybyla Acquire Multifamily Property In Evanston For $1.2M
2047 Asbury Avenue, Evanston, Illinois 60201, United States
$1,200,000
$240/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Mar 10, 2022
AI
A multifamily property located at 2047 Asbury Ave in Evanston was recently sold on March 11, 2022. The property consists of 5 units with a total square footage of 5,000. The sale price for this transaction was $1,200,000, resulting in a price per unit of $240,000. The price per square foot was also $240. The transaction was facilitated by brokers John Preston and John Przybyla, representing Horvath & Tremblay.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 2047 Asbury Ave
- Market: Evanston
- Units: 5
- Square Footage: 5,000
- Price Per Unit: $240,000
- Price Per Square Foot: $240
The brokers involved in this deal were John Preston and John Przybyla from Horvath & Tremblay. They played a crucial role in facilitating the transaction and representing the buyer and seller throughout the process.
Players
Evanston 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