Frank Fascaldo Sells 8-Unit Multifamily In Marshall Square, Chicago For $775K
2258 South Washtenaw Avenue, Chicago, IL 60608, USA
$775,000
$93/SF
Building Size
8,300 SF
Asset Type
MultiFamily
Closing
Oct 18, 2021
AI
Located in Marshall Square, Chicago, the multifamily property at 2258 S. Washtenaw has been sold in a recent transaction. The property consists of 8 units and was sold for a total price of $775,000, resulting in a per unit price of $96,875. The sale was facilitated by the brokers Jack Petrando, Aaron Sklar, and Noah Birk from Kiser Group, who represented the seller, Frank Fascaldo.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $775,000
- Address: 2258 S. Washtenaw, Marshall Square, Chicago
- Units: 8
- Price per Unit: $96,875
The deal was successfully executed through the expertise of Jack Petrando, Aaron Sklar, and Noah Birk from Kiser Group, who represented the seller, Frank Fascaldo. Their efforts in bringing together the buyer and seller were instrumental in the completion of this transaction.
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
20.47%
Cash-on-Cash
-5.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93