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Lucas Winter & Margaret Baczkowski Facilitate $1.41M Sale Of Chicago Multifamily Property
SOLD
$1,410,000
Illinois
See Similar DealsMultiFamily
Sold 05/03/2024
SOLD
Lucas Winter & Margaret Baczkowski Facilitate $1.41M Sale Of Chicago Multifamily Property
2473 North Albany Avenue
See Similar DealsMultiFamily
Sold 05/03/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$75,199.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,009.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,684.12
Annual Debt Service$80,209.43
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