facebook
Traded Co logo
Submit
Daily limit: 0/10

Srinivasa Sirigiri Of Provident Realty Represents Buyer In $1.8M Multifamily Sale In Chicago

Property Image
SOLD
$1,800,000

Illinois

See Similar Deals
MultiFamily
Sold 08/23/2024
the dealplayerscompscontact
Property Image
SOLD

Srinivasa Sirigiri Of Provident Realty Represents Buyer In $1.8M Multifamily Sale In Chicago

2650 North Halsted Street

See Similar Deals
MultiFamily
Sold 08/23/2024
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

The property asset involved in this transaction is located at 2650 North Halsted Street, Chicago. It is classified as a multifamily asset and has a sale price of $1,800,000. The building includes upgraded condo-quality units with high-end finishes, commercial space totaling 1,500 square feet, parking for six cars, and a balcony.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,800,000
  • Address: 2650 North Halsted Street
  • Market: Chicago
  • Commercial Space: 1,500 square feet
  • Parking: Six cars

The key individuals involved in the deal include Srinivasa Sirigiri representing the buyer from Provident Realty and Harry Perl representing the seller from Goldberg & Perl, Inc. Their roles in this transaction highlight the collaboration between these parties in facilitating the sale.

Players

3 deals$4.7M volume
BROKER

Details

SOLD
IMAGE: Harry Perl DATE: 08/23/2024 ADDRESS: 2650 North Halsted Street MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Srinivasa Sirigiri - Provident Realty SELLER'S REP: Harry Perl - Goldberg & Perl, Inc SALE PRICE: $1,800,000 NOTE: The property at 2650 North Halsted Street, Chicago, sold for $1.8 million and features upgraded condo-quality units with high-end finishes. The building includes 1,500 square feet of commercial space, parking for six cars, and a balcony.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$96,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02