Interra Realty Represents Sale Of Multifamily Property In Marquette Park, Chicago For $475K
SOLD
$475,000
Illinois
See Similar DealsMultiFamily
Sold 07/28/2022
SOLD
Interra Realty Represents Sale Of Multifamily Property In Marquette Park, Chicago For $475K
2651 West 65th Street
See Similar DealsMultiFamily
Sold 07/28/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
Located in Marquette Park, Chicago, this multifamily property at 2651 W 65th St has been sold in a recent transaction. The property features and was purchased for a sale price of $475,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $475,000
Interra Realty, represented by Sam Gutierrez and Lucas Fryman, facilitated the sale of this property. Their expertise in the market and strong negotiation skills contributed to the successful completion of the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$25,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,687.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,251.74
Annual Debt Service$27,020.91
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