2155 North Spaulding Avenue Multifamily Sells For $1.2M With Jon Gerstein & Robert Sikkel
2155 North Spaulding Avenue
$1,155,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 15, 2023
AI
A multifamily property located at 2155 North Spaulding Avenue in Chicago was sold for a total price of $1,155,000. The property consists of 4 units with a per-unit price of $288,750.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,155,000
- Units: 4
- Per Unit Price: $288,750
The sale of the property at 2155 North Spaulding Avenue involved brokers Jon Gerstein and Robert Sikkel, who represented @properties / Christie's International Real Estate.
Players
Avenue MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.73%
Cash-on-Cash
-3.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93