Marcus Sullivan Sells Multifamily Property In Chicago For $1,075,000
SOLD
$1,075,000
Illinois
See Similar DealsMultiFamily3,246 SF
Sold 02/10/2021
SOLD
Marcus Sullivan Sells Multifamily Property In Chicago For $1,075,000
2141 West Crystal Street, Chicago, IL, USA
See Similar DealsMultiFamily3,246 SF
Sold 02/10/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$331
Total Square Footage:3,246 SF
Transaction Type:Sale
The multifamily property located at 2141 W Crystal St in Chicago has been sold for a price of $1,075,000. The transaction took place on February 10, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Market: Chicago
- Buyer's Representative: Alexander Haried Properties
- Seller's Representative: Marcus Sullivan - Sperry Van Ness
Alexander Haried Properties acted as the buyer's representative in this transaction, while Marcus Sullivan, from Sperry Van Ness, represented the seller. No additional information is available about the property or the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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