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

Property Image
SOLD
$1,930,000
Junzhou Cui
Suzanne Moller

Illinois

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MultiFamily
Sold 10/27/2023
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Property Image
SOLD

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

2420 North Geneva Terrace

See Similar Deals
MultiFamily
Sold 10/27/2023
Junzhou Cui
Suzanne Moller
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

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
Junzhou Cui
4 deals$6.5M volume
BROKER
Suzanne Moller
At Properties Commercial
Suzanne Moller
1 deal$1.9M volume(773) 862-0200
BROKER

Details

SOLD
IMAGE: Junzhou Cui & Suzanne Moller DATE: 10/27/2023 ADDRESS: 2420 North Geneva Terrace MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Junzhou Cui - Citywide Real Estate (@CitywidePropertyGroup) SELLER'S REP: Suzanne Moller (@SuzMoChicago)- @properties (@AtProperties) Christie's International Real Estate (@ChristiesRealEstate) SALE PRICE: $1,930,000 NOTE: Chicago multifamily property at 2420 North Geneva Terrace was sold for $1,930,000, with Junzhou Cui from Citywide Real Estate representing the buyer and Suzanne Moller from @properties Christie's International Real Estate representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$102,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,856.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,149.18
Annual Debt Service$109,790.22