Interra Realty Facilitates $815K Sale Of Multifamily Property In West Town, Chicago
SOLD
$815,000
Illinois
See Similar DealsMultiFamily
Sold 04/08/2022
SOLD
Interra Realty Facilitates $815K Sale Of Multifamily Property In West Town, Chicago
2241 West Augusta Boulevard, Chicago, Illinois 60622, United States
See Similar DealsMultiFamily
Sold 04/08/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
In a recent closed transaction in West Town, Chicago, a multifamily property located at 2241 W Augusta Blvd was sold. The sale was facilitated by the brokerage firm, Interra Realty, with Harrison Pinkus representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $815,000
- Number of Units: 5
- Price per Unit: $163,000
- Date: 04/08/2022
- Market: West Town, Chicago
Harrison Pinkus, a representative from Interra Realty, played a vital role in the sale of the property. The transaction consisted of five units, each valued at $163,000, resulting in a total sale price of $815,000.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$43,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,895.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,863.52
Annual Debt Service$46,362.19
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