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2651 West 65th Street

Interra Realty Represents Sale Of Multifamily Property In Marquette Park, Chicago For $475K
SOLDMultiFamily

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

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.

Players

Lucas Fryman

Interra Realty

Broker

$278.6M

vol

42 deals

Broker

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