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2420 North Geneva Terrace

Junzhou Cui Acquires Chicago Multifamily Property On North Geneva Terrace For $1.93M
SOLDMultiFamily

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

Junzhou Cui

Broker

$6.5M

vol

4 deals

Broker

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

8.22%

Cash-on-Cash

-2.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93