Updated Dec 21, 2023
Carrie McCormick & Anne Killarney TProperties Sell Multifamily Property In Chicago For $1.775M
2501 North Halsted Street, Chicago, IL 60614
$1,775,000
$2,177/SF
Building Size
815 SF
Asset Type
MultiFamily
Closing
Jun 9, 2020
About this deal
AI
The multifamily property located at 2501 N Halsted St in Chicago was recently sold for a price of $1,775,000. The transaction took place on 06/09/2021 and was facilitated by brokers Carrie McCormick and Anne Killarney of tProperties.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,775,000
- Address: 2501 N Halsted St, Chicago
- Market: Chicago
Carrie McCormick and Anne Killarney, representing tProperties, played a crucial role in this sale. Their expertise and negotiations helped facilitate the successful transaction of the multifamily property.
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
8.94%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93