Fitzgerald Real Estate Inc. Acquires Multifamily Property In Chicago For $1M
2100 West Superior Street, Chicago, IL 60612
$1,000,000
$328/SF
Building Size
3,049 SF
Asset Type
MultiFamily
Closing
May 27, 2020
AI
Located at 2100 W Superior St in Chicago, this multifamily property was recently sold for $1,000,000. The sale took place on 05/27/2021, and the property consists of 4 units, making the price per unit $250,000. The property is situated in a desirable market in Chicago, offering potential for a lucrative investment.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Units: 4
- Price per Unit: $250,000
The buyer's representative in this transaction was Andrew Dorazio from Fitzgerald Real Estate Inc. On the other side, the seller was represented by Brandon Kurdziel from United Real Estate-Chicago. Both parties played crucial roles in ensuring a successful sale.
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93