Updated Dec 4, 2024
Chicago Multifamily At 2206 North Talman Avenue Sold For $1.3M
2206 North Talman Avenue
$1,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 14, 2023
About this deal
AI
In Chicago, a multifamily property at 2206 North Talman Avenue was sold for $1,300,000. The property is a multifamily asset located at 2206 North Talman Avenue in the Chicago market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 2206 North Talman Avenue
- Market: Chicago
The buyer's representative in the transaction was Patrick Dodd from Keller Williams ONEChicago, while the seller was represented by Sohail Salahuddin from EXP Realty.
Note: Patrick Dodd of Keller Williams ONEChicago represented the buyer, and Sohail Salahuddin of EXP Realty represented the seller in the transaction.
On the Map
$1,300,000
MultiFamily
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Players
Chicago 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93