SOLDMultiFamily
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
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.
Players
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
11.25%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93