Chicago Multifamily Property Sold For $1.6M With Buyer's Rep Steven Zaleski & Seller's Rep Brandon Carlson
2347 West Thomas Street
$1,600,000
$266/SF
Building Size
6,009 SF
Asset Type
MultiFamily
Closing
Nov 29, 2023
AI
A Chicago multifamily property located at 2347 West Thomas Street has been sold for $1,600,000. The property has a size of 6,009 square feet and a price per square foot of $266.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 2347 West Thomas Street
- Market: Chicago
The buyer, represented by Steven Zaleski of Compass, and the seller, represented by Brandon Carlson of Mo2 Properties, were the key individuals involved in this transaction.
Please note that no additional information is available regarding this specific property sale.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93