Carrie McCormick, Anne Killarney & Elliot Small Acquire Multifamily Property In Chicago, IL For $1.025M
SOLD
$1,025,000
Illinois
See Similar DealsMultiFamily2,760 SF
Sold 06/29/2021
SOLD
Carrie McCormick, Anne Killarney & Elliot Small Acquire Multifamily Property In Chicago, IL For $1.025M
2141 North Leavitt Street, Chicago, IL 60647, USA
See Similar DealsMultiFamily2,760 SF
Sold 06/29/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$371
Total Square Footage:2,760 SF
Transaction Type:Sale
Located at 2141 N Leavitt St in Chicago, IL, this multifamily property was recently sold on 06/29/2021. The property consists of 4 units, with a sale price of $1,025,000, resulting in a per unit price of $256,250.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Units: 4
- Price Per Unit: $256,250
The sale of this property was facilitated by brokers Carrie McCormick, Anne Killarney, and Elliot Small of McCormick & Small Properties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28
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