Jameson Sotheby's Intl Realty Represents Buyer In $1.165M Multifamily Sale In Chicago
2121 North Magnolia Avenue, Chicago, IL, USA
$1,165,000
$372/SF
Building Size
3,125 SF
Asset Type
MultiFamily
Closing
May 10, 2021
AI
The multifamily property located at 2121 N Magnolia St in Chicago was recently sold for $1,165,000. The transaction took place on 05/11/2021, and the property consists of 3 units, resulting in a price per unit of $388,333.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,165,000
- Address: 2121 N Magnolia St, Chicago
- Market: Chicago
Michael Battista from Jameson Sotheby's Intl Realty represented the buyer in this sale, while Susan Nice from Dream Town Realty represented the seller.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.62%
Cash-on-Cash
-3.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93