Junzhou Cui Acquires Multifamily Property In Chicago For $1.1M
2222 West Augusta Boulevard, Chicago, Illinois 60622, United States
$1,099,000
$305/SF
Building Size
3,600 SF
Asset Type
MultiFamily
Closing
Jan 27, 2022
AI
The multifamily property located at 2222 W Augusta Blvd in Chicago has been sold. The sale was facilitated by Junzhou Cui of Citywide Real Estate, representing the buyer, and David Labunski of Cedar Realty, representing the seller. The transaction took place on January 28, 2022, with a sale price of $1,099,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,099,000
- Square Footage: 3,600
- Price per Square Foot: $305
- Lot Size: 2,614 square feet
- Price per Lot Size: $420 per square foot
Junzhou Cui from Citywide Real Estate represented the buyer in the transaction, while David Labunski from Cedar Realty represented the seller. The property offers 3,600 square feet of space at a price of $305 per square foot. The lot size is 2,614 square feet, equating to a price of $420 per square foot.
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
14.43%
Cash-on-Cash
-4.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93