Junzhou Cui Acquires Chicago Multifamily Property On North Geneva Terrace For $1.93M
2420 North Geneva Terrace
$1,930,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 27, 2023
AI
Chicago multifamily property located at 2420 North Geneva Terrace has been sold for a total price of $1,930,000. This property is part of the Multifamily asset type and is situated in the Chicago market. The sale was successfully facilitated by Junzhou Cui from Citywide Real Estate, who acted as the buyer's representative, and Suzanne Moller from @properties Christie's International Real Estate, who represented the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,930,000
- Address: 2420 North Geneva Terrace
- Market: Chicago
This deal reflects the collaborative effort between Junzhou Cui from Citywide Real Estate and Suzanne Moller from @properties Christie's International Real Estate. By successfully representing their respective clients, they have facilitated the sale of the Chicago multifamily property at 2420 North Geneva Terrace for a price of $1,930,000.
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
8.22%
Cash-on-Cash
-2.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93