Updated Sep 5, 2024
Baird & Warner Acquires Multifamily Property In Chicago For $1.01M
2138 West Crystal Street, Chicago, IL 60622
$1,010,000
Units
4
Asset Type
MultiFamily
Closing
Jan 4, 2022
About this deal
AI
A multifamily property located at 2138 W Crystal St in Chicago, IL has been sold. The transaction took place on January 4, 2022, and the property was purchased for a total of $1,010,000. The property consists of 4 units, with a price per unit of $252,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Units: 4
- Price per Unit: $252,500
The buyer's representative in this deal was Mark Kowalik from Baird & Warner, while Christopher Stefani from Keller Williams ONEChicago represented the seller. Mark Kowalik played a pivotal role in facilitating the transaction, ensuring a successful sale for the buyer.
Players
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
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93