facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

2678 West Washington Boulevard

Multifamily Property In Chicago Sold For $1.175M With Reps From Real Broker LLC And North Clybourn Group
SOLDMultiFamily

Multifamily Property In Chicago Sold For $1.175M With Reps From Real Broker LLC And North Clybourn Group

2678 West Washington Boulevard

$1,175,000

Building Size

Asset Type

MultiFamily

Closing

Oct 26, 2023

AI

A multifamily property located at 2678 West Washington Boulevard in Chicago has been sold for $1.175 million. The property is situated in a prime location in the city and offers a range of residential units. It represents a lucrative investment opportunity in the Chicago market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,175,000
  • Address: 2678 West Washington Boulevard, Chicago
  • Market: Chicago

The buyer's representative in this transaction is Daniela Pagani from Real BrokerLLC. She played a crucial role in guiding the buyer through the process and ensuring a successful deal. On the other side, Karen Biazar and Staci Slattery of North Clybourn Group represented the seller, bringing their expertise and negotiation skills to the table.

This transaction showcases the collaboration between these experienced professionals in the real estate industry. Their dedication and knowledge enabled the smooth completion of the sale, benefiting both the buyer and the seller. The successful outcome reflects the healthy real estate market in Chicago and the desirability of multifamily properties.

Overall, the sale of 2678 West Washington Boulevard in Chicago for $1.175 million, with representation from Daniela Pagani and Karen Biazar & Staci Slattery, marks a significant transaction in the city's multifamily property market.

Players

Karen Biazar

North Clybourn Group

Broker

$34.4M

vol

24 deals

Broker
Real Broker
Real BrokerBrokerage

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93