Compass Represents Sale Of Multifamily Property In Chicago For $1.2M
SOLD
Illinois
See Similar DealsMultiFamily3,125 SF
Sold 01/28/2022
SOLD
Compass Represents Sale Of Multifamily Property In Chicago For $1.2M
2113 North Bissell Street, Chicago, IL 60614
See Similar DealsMultiFamily3,125 SF
Sold 01/28/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$384
Total Square Footage:3,125 SF
Transaction Type:Sale
The multifamily property located at 2113 N Bissell St in Chicago has been sold for a price of $1,200,000. The property consists of a lot size of 3,125 square feet, with a price per square foot of $384.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Lot Size: 3,125 square feet
- Price per Square Foot: $384
The buyer's representative in this transaction was Dana Slager from Compass, while the seller's representative was Kieran Conlon, also from Compass.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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