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2130 West Iowa Street

Jake Fugman Of EXP Realty Represents Buyer In $1.255M Chicago Multifamily Sale By Kathleen Bock
SOLDMultiFamily

Jake Fugman Of EXP Realty Represents Buyer In $1.255M Chicago Multifamily Sale By Kathleen Bock

2130 West Iowa Street

$1,255,000

Building Size

Asset Type

MultiFamily

Closing

Sep 3, 2024

AI

The multifamily asset located at 2130 West Iowa Street in Chicago was sold for $1,255,000. This four-flat building comprises four units, including a duplexed owner's unit, and was renovated in 2014. The property features an all-brick exterior and offers a blend of modern and vintage charm situated in the desirable UK Village area.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,255,000
  • Units: 4
  • Price Per Unit: $313,750
  • Market: Chicago
  • Buyer's Representative: Jake Fugman - EXP Realty
  • Seller's Representative: Kathleen Bock - @Properties Christie's International Real Estate

The transaction involved Jake Fugman of EXP Realty representing the buyer, while Kathleen Bock of @Properties Christie's International Real Estate represented the seller. Both representatives played a crucial role in facilitating the sale of the property, which is located in a sought-after area known for its vibrant community and amenities.

Players

Jake Fugman

EXP Realty

Broker

$15.2M

vol

11 deals

Broker

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

12.64%

Cash-on-Cash

-3.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93