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Luciana Lorusso & Robert Sikkel Facilitate $1.3M Multifamily Sale In Chicago

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SOLD
$1,299,000

Illinois

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MultiFamily
Sold 05/03/2024
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Property Image
SOLD

Luciana Lorusso & Robert Sikkel Facilitate $1.3M Multifamily Sale In Chicago

2140 West Crystal Street

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MultiFamily
Sold 05/03/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

2140 West Crystal Street in Chicago is a multi-family property that was recently sold for $1,299,000. The sale was facilitated by brokers Luciana Lorusso and Robert Sikkel of @Properties Christie's International Real Estate.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,299,000
  • Address: 2140 West Crystal Street
  • Market: Chicago
  • Brokers: Luciana Lorusso & Robert Sikkel - @Properties Christie's International Real Estate

The sale of 2140 West Crystal Street in Chicago was successfully managed by the brokers Luciana Lorusso and Robert Sikkel from @Properties Christie's International Real Estate. Their expertise and experience played a crucial role in closing the deal.

Players

Robert Sikkel
5 deals$6.6M volume
BROKER

Luciana Lorusso
At Properties Commercial
1 deal$1.3M volume(630) 377-1700
BROKER

Details

SOLD
IMAGE: Luciana Lorusso & Robert Sikkel DATE: 05/03/2024 ADDRESS: 2140 West Crystal Street MARKET: Chicago ASSET TYPE: Multifamily BROKERS: Luciana Lorusso (@Lucianasellsflorida) & Robert Sikkel - @properties (@AtProperties) Christie's International Real Estate (@ChristiesRealEstate) SALE PRICE: $1,299,000 NOTE: 2140 West Crystal Street in Chicago, a multi-family property, was sold for $1,299,000. The sale was facilitated by brokers Luciana Lorusso and Robert Sikkel of @Properties Christie's International Real Estate.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,280.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,615.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,157.92
Annual Debt Service$73,895.07