Matt Ayo Of Peak Realty Chicago Represents Sale Of Multifamily Property In Lincoln Square, Chicago
SOLD
$850,000
Illinois
See Similar DealsMultiFamily4,800 SF
Sold 09/16/2022
SOLD
Matt Ayo Of Peak Realty Chicago Represents Sale Of Multifamily Property In Lincoln Square, Chicago
2505 West Ainslie Street, Chicago, Illinois 60625, United States
See Similar DealsMultiFamily4,800 SF
Sold 09/16/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$177
Total Square Footage:4,800 SF
Transaction Type:Sale
A multifamily property located at 2505 W Ainslie St in Lincoln Square, Chicago has been sold for $850,000. This property consists of 2 units with a total square footage of 4,800. The price per unit comes out to be $425,000, and the price per square foot is $177.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $850,000
- Units: 2
- Price per Unit: $425,000
- Square Footage: 4,800
- Price per Square Foot: $177
- Address: 2505 W Ainslie St
- Market: Lincoln Square, Chicago
The sale of this property was facilitated by Matt Ayo from Peak Realty Chicago. He can be reached at 312-826-2104 or via email at [email protected].
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$45,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,019.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,029.43
Annual Debt Service$48,353.20
Is there something missing? Send suggestions