Daily limit: 0/10
Chicago Multifamily Property Sold For $1.36M With Buyer's Rep Charles Gullett & Seller's Rep Matt Laricy
SOLD
$1,360,000
Illinois
See Similar DealsMultiFamily
Sold 09/15/2023
SOLD
Chicago Multifamily Property Sold For $1.36M With Buyer's Rep Charles Gullett & Seller's Rep Matt Laricy
2253 North Magnolia Avenue
See Similar DealsMultiFamily
Sold 09/15/2023
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 2253 North Magnolia Avenue in Chicago has been sold for $1,360,000. This property features multiple units and is positioned in the market of Chicago.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,360,000
- Address: 2253 North Magnolia Avenue
- Market: Chicago
The buyer's representative in this transaction was Charles Gullett from Best Chicago Properties. He played a crucial role in representing the buyer and ensuring a successful deal. On the other hand, Matt Laricy, a representative from Americorp, represented the seller in this transaction. Both Charles Gullett and Matt Laricy were integral to the completion of this property sale.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,533.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,831.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,447.09
Annual Debt Service$77,365.13
Is there something missing? Send suggestions