Updated Dec 21, 2023
Craig Faust Acquires Multifamily Property In Chicago For $1.1M
2614 North Francisco Avenue, Chicago, Illinois 60647, United States
$1,095,000
$292/SF
Building Size
3,750 SF
Asset Type
MultiFamily
Closing
Apr 24, 2022
About this deal
AI
The multifamily property located at 2614 N Francisco Ave in Chicago was recently sold for $1,095,000. This property sits on a lot spanning 3,750 square feet, resulting in a price per square foot of $292.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,095,000
- Lot Square Footage: 3,750
- Price per Square Foot: $292
- Address: 2614 N Francisco Ave, Chicago
- Market: Chicago
Craig Faust & Sarah Maxwell represented the buyer and seller, respectively, in this transaction.
The multifamily sale at 2614 North Francisco Avenue, Chicago, Illinois 60647, United States in Chicago, Illinois sold for $1.1M in 2022. The building is 3,750 square feet, implying about 292 per square foot on the published price. Sarah Maxwell, Craig Faust, At Properties Commercial appear on the sale alongside At Properties Commercial. This page is the Chicago, Illinois file for the 2614 North Francisco Avenue, Chicago, Illinois 60647, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 2614 North Francisco Avenue, Chicago, Illinois 60647, United States around 2022. Published consideration for 2614 North Francisco Avenue, Chicago, Illinois 60647, United States is $1.1M, dated 2022. Cite this Craig Faust Acquires Multifamily Property In Chicago For $1.1M sale when underwriting similar multifamily product around Chicago, Illinois.
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
14.49%
Cash-on-Cash
-4.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93