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2132 W Rice St Chicago, IL ...

Baird & Warner Represents Buyer In $2.05M Multifamily Sale On West Rice St., Chicago
SOLDMultiFamily

Baird & Warner Represents Buyer In $2.05M Multifamily Sale On West Rice St., Chicago

2132 W Rice St Chicago, IL 60622, USA

$2,050,000

Building Size

Asset Type

MultiFamily

Closing

May 26, 2023

AI

The multifamily property located at 2132 West Rice Street in Chicago has been sold for a price of $2,050,000. The property consists of 3 units, resulting in a price per unit of $683,333. The sale was facilitated by John Kevin O'Brien from Baird & Warner, who represented the buyer, and Konrad Dabrowski and Jessica DeKruiff from Fulton Grace Realty, who represented the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,050,000
  • Address: 2132 West Rice Street, Chicago
  • Market: Chicago
  • Units: 3
  • Price Per Unit: $683,333
  • Buyer's Rep: John Kevin O'Brien - Baird & Warner
  • Seller's Rep: Konrad Dabrowski & Jessica DeKruiff - Fulton Grace Realty

This transaction highlights the collaboration between John Kevin O'Brien from Baird & Warner as the buyer's representative and Konrad Dabrowski and Jessica DeKruiff from Fulton Grace Realty as the seller's representatives. The involvement of these key individuals ensured a successful sale of the multifamily property at 2132 West Rice Street in Chicago.

Players

Konrad Dabrowski

Fulton Grace Realty

Broker

$13.8M

vol

6 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

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93