Updated Sep 9, 2024
Interra Realty Represents Sale Of Multifamily Property In Marquette Park, Chicago For $475K
2651 West 65th Street
$475,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 28, 2022
About this deal
AI
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.
The multifamily sale at 2651 West 65th Street in Cleveland, Illinois sold for $475K in 2022. 2651 West 65th Street is classified as Multifamily on Traded. Samuel (Sam) Gutierrez, Lucas Fryman, Interra Realty appear on the sale alongside Interra Realty. This page is the Cleveland, Illinois file for the 2651 West 65th Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Cleveland sit in the Market section below. Filter that Cleveland multifamily set by closing date to see what else sold near 2651 West 65th Street around 2022. Published consideration for 2651 West 65th Street is $475K, dated 2022. Cite this Interra Realty Represents Sale Of Multifamily Property In Marquette Park, Chicago For $475K sale when underwriting similar multifamily product around Cleveland, Illinois.
Players
Cleveland 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
33.40%
Cash-on-Cash
-9.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93