Interra Realty Facilitates $1.33M Sale Of Multifamily Property In West Town, Chicago
SOLD
$1,330,000
Illinois
See Similar DealsMultiFamily
Sold 05/03/2022
SOLD
Interra Realty Facilitates $1.33M Sale Of Multifamily Property In West Town, Chicago
2611 West Augusta Boulevard, Chicago, Illinois 60622, United States
See Similar DealsMultiFamily
Sold 05/03/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 2611 W Augusta Blvd in West Town, Chicago has been sold for a price of $1,330,000. The property consists of 6 units, resulting in a per unit price of $221,667. The sale was facilitated by Harrison Pinkus & Patrick Kennelly of Interra Realty.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,330,000
- Address: 2611 W Augusta Blvd, West Town, Chicago
- Units: 6
- Price Per Unit: $221,667
- Sale Date: 05/03/2022
- Market: West Town, Chicago
Harrison Pinkus & Patrick Kennelly from Interra Realty played a crucial role as the brokers representing the parties involved in the transaction.
Players
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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