Updated Sep 9, 2024
2155 North Spaulding Avenue Multifamily Sells For $1.2M With Jon Gerstein & Robert Sikkel
2155 North Spaulding Avenue
$1,155,000
Units
4
Asset Type
MultiFamily
Closing
Sep 15, 2023
About this deal
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.
The multifamily sale at 2155 North Spaulding Avenue in Avenue, Illinois sold for $1.2M in 2023. Reported inventory is 4 units across 4 units. Robert Sikkel, Jon Gerstein, At Properties Commercial appear on the sale alongside At Properties Commercial. This page is the Avenue, Illinois file for the 2155 North Spaulding Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Avenue sit in the Market section below. Filter that Avenue multifamily set by closing date to see what else sold near 2155 North Spaulding Avenue around 2023. Published consideration for 2155 North Spaulding Avenue is $1.2M, dated 2023. Cite this 2155 North Spaulding Avenue Multifamily Sells For $1.2M With Jon Gerstein & Robert Sikkel sale when underwriting similar multifamily product around Avenue, Illinois.
Players
Avenue 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
13.73%
Cash-on-Cash
-3.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93