Updated Dec 21, 2023
Interra Realty Facilitates $1.33M Sale Of Multifamily Property In West Town, Chicago
2611 West Augusta Boulevard, Chicago, Illinois 60622, United States
$1,330,000
Units
6
Asset Type
MultiFamily
Closing
May 2, 2022
About this deal
AI
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
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.93%
Cash-on-Cash
-3.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93