Updated Dec 4, 2024
Landstar Realty Group & Inc Acquires Multifamily Property In Chicago For $1.35M
2641 West Carmen Avenue
$1,350,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 19, 2023
About this deal
AI
In Chicago, a multifamily property located at 2641 West Carmen Avenue has been sold for $1,350,000. The property is situated in the market of Chicago and features a total of units. The transaction took place on December 19, 2023.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 2641 West Carmen Avenue
- Market: Chicago
Isaac Jolcover of Landstar Realty Group & Inc represented the buyer in this transaction. On the other hand, Nicholas Powers from Baird & Warner served as the seller's representative.
Please note that these are the specific details available regarding the sale of the multifamily property at 2641 West Carmen Avenue in Chicago.
On the Map
$1,350,000
MultiFamily
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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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93