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Compass Represents Sale Of Multifamily Property In Chicago For $1.2M

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SOLD
$1,200,000

Illinois

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MultiFamily3,125 SF
Sold 01/28/2022
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Property Image
SOLD

Compass Represents Sale Of Multifamily Property In Chicago For $1.2M

2113 North Bissell Street, Chicago, IL 60614

See Similar Deals
MultiFamily3,125 SF
Sold 01/28/2022
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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.

Players

Dana Slager
1 deal$1.2M volume
BROKER

Kieran Conlon
Compass
2 deals$2.8M volume
BROKER

Details

SOLD
IMAGE: Kieran Conlon & Dana Slager DATE: 01/28/2022 ADDRESS: 2113 N Bissell St MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Dana Slager - Compass SELLER'S REP: Kieran Conlon - Compass SALE PRICE: $1,200,000 LOT SF: 3,125 ~ PPLSF: $384

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,263.34
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