Rachel Krueger Facilitates $1.25M Sale Of Multifamily Property In Chicago
SOLD
$1,250,000
Illinois
See Similar DealsMultiFamily3,581 SF
Sold 07/07/2021
SOLD
Rachel Krueger Facilitates $1.25M Sale Of Multifamily Property In Chicago
2200 N Leavitt St, Chicago, IL, USA
See Similar DealsMultiFamily3,581 SF
Sold 07/07/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$349
Total Square Footage:3,581 SF
Transaction Type:Sale
The multifamily property located at 2200 N Leavitt St in Chicago has been sold. The sale was facilitated by Rachel Krueger of Jameson Sotheby's Intl Realty. The transaction took place on 07/07/2021, and the sale price was $1,250,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 2200 N Leavitt St, Chicago
- Market: Chicago
- Broker: Rachel Krueger - Jameson Sotheby's Intl Realty
This deal marks a successful transaction in the Chicago multifamily market. The involvement of Rachel Krueger from Jameson Sotheby's Intl Realty demonstrates the expertise and professionalism of the individuals and companies involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65
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