Updated Dec 21, 2023
Interra Realty Brokers Sell Multifamily Property In Lincoln Park For $1.7M
2252 North Cleveland Avenue, Chicago, Illinois 60614, United States
$1,722,500
Building Size
—
Asset Type
MultiFamily
Closing
May 11, 2022
About this deal
AI
The multifamily property located at 2252 N Cleveland Ave in Lincoln Park has been sold for a total price of $1,722,500. The transaction took place on 05/12/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,722,500
- Market: Lincoln Park
- Brokers: Brad Feldman, Joe Smazal, and Mark Dykstra from Interra Realty
The deal was facilitated by Brad Feldman, Joe Smazal, and Mark Dykstra from Interra Realty. They represented the parties involved in the transaction.
The multifamily sale at 2252 North Cleveland Avenue, Chicago, Illinois 60614, United States in Chicago, Illinois sold for $1.7M in 2022. 2252 North Cleveland Avenue, Chicago, Illinois 60614, United States is classified as Multifamily on Traded. Mark Dykstra, Brad Feldman, Joe Smazal, Interra Realty appear on the sale alongside Interra Realty. This page is the Chicago, Illinois file for the 2252 North Cleveland Avenue, Chicago, Illinois 60614, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 2252 North Cleveland Avenue, Chicago, Illinois 60614, United States around 2022. Published consideration for 2252 North Cleveland Avenue, Chicago, Illinois 60614, United States is $1.7M, dated 2022. Cite this Interra Realty Brokers Sell Multifamily Property In Lincoln Park For $1.7M sale when underwriting similar multifamily product around Chicago, Illinois.
On the Map
$1,722,500
MultiFamily
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Chicago MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.21%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93