Updated Dec 4, 2024
Lucas Winter & Margaret Baczkowski Facilitate $1.41M Sale Of Chicago Multifamily Property
2473 North Albany Avenue
$1,410,000
Building Size
—
Asset Type
MultiFamily
Closing
May 3, 2024
About this deal
AI
The multifamily property located at 2473 North Albany Avenue in Chicago was recently sold for $1,410,000. The property spans 0.77 acres.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,410,000
- Address: 2473 North Albany Avenue
- Market: Chicago
- Acres: 0.77
Lucas Winter from Compass represented the buyer in this transaction, while Margaret Baczkowski from @properties Christie's International Real Estate was the seller's representative.
The multifamily sale at 2473 North Albany Avenue in Chicago, Illinois sold for $1.4M in 2024. 2473 North Albany Avenue is classified as Multifamily on Traded. Margaret Baczkowski, Lucas Winter, At Properties Commercial, Compass appear on the sale alongside At Properties Commercial, Compass. This page is the Chicago, Illinois file for the 2473 North Albany Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 2473 North Albany Avenue around 2024. Published consideration for 2473 North Albany Avenue is $1.4M, dated 2024. Cite this Lucas Winter & Margaret Baczkowski Facilitate $1.41M Sale Of Chicago Multifamily Property sale when underwriting similar multifamily product around Chicago, Illinois.
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
11.25%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93