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Matt Laricy Acquires Multifamily Property In Chicago For $1.25M As Buyer's Rep
SOLD
Illinois
See Similar DealsMultiFamily
Sold 03/18/2024
SOLD
Matt Laricy Acquires Multifamily Property In Chicago For $1.25M As Buyer's Rep
2106 North Bissell Street
See Similar DealsMultiFamily
Sold 03/18/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
2106 North Bissell Street is a multifamily property located in Chicago that was recently sold for $1,252,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,252,000
- Address: 2106 North Bissell Street
- Market: Chicago
Matt Laricy from Americorp Real Estate acted as the buyer's representative in the transaction, while Brooke Daitchman and Daryl Ceaser from Dream Town Real Estate represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,773.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,448.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,935.12
Annual Debt Service$71,221.42
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