Keller Williams ONEChicago Represents Buyer In $1.33M Chicago Multifamily Sale
SOLD
$1,330,000
Illinois
See Similar DealsMultiFamily2,946 SF
Sold 07/02/2021
SOLD
Keller Williams ONEChicago Represents Buyer In $1.33M Chicago Multifamily Sale
2554 W Huron St, Chicago, IL, USA
See Similar DealsMultiFamily2,946 SF
Sold 07/02/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$451
Total Square Footage:2,946 SF
Transaction Type:Sale
A multifamily property located at 2554 W Huron St in Chicago has been sold. The property was sold for a total price of $1,330,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,330,000
- Date: 07/02/2021
- Buyer's Representative: Joe Zimmerman - Keller Williams ONEChicago
- Seller's Representatives: Karen Biazar & Staci Slattery - North Clybourn Group, Inc.
The buyer in this transaction was represented by Joe Zimmerman from Keller Williams ONEChicago. The seller, on the other hand, was represented by Karen Biazar and Staci Slattery from North Clybourn Group, Inc.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$70,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,725.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,304.88
Annual Debt Service$75,658.54
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