Updated Dec 21, 2023
Dale Lubotsky Of Jameson Sotheby's International Realty Sells Multifamily Property In Evanston For $1M
2730 Prairie Avenue, Evanston, Illinois 60201, United States
$1,000,000
Units
2
Asset Type
MultiFamily
Closing
Jun 7, 2022
About this deal
AI
The multifamily property located at 2730 Prairie Ave in Evanston has been sold for $1,000,000. The property consists of 2 units, resulting in a per unit price of $500,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Units: 2
- Price Per Unit: $500,000
The seller's representative in this transaction was Dale Lubotsky from Jameson Sotheby's International Realty.
The multifamily sale at 2730 Prairie Avenue, Evanston, Illinois 60201, United States in Evanston, Illinois sold for $1M in 2022. Reported inventory is 2 units across 2 units. Dale Lubotsky, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Evanston, Illinois file for the 2730 Prairie Avenue, Evanston, Illinois 60201, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Evanston sit in the Market section below. Filter that Evanston multifamily set by closing date to see what else sold near 2730 Prairie Avenue, Evanston, Illinois 60201, United States around 2022. Published consideration for 2730 Prairie Avenue, Evanston, Illinois 60201, United States is $1M, dated 2022. Cite this Dale Lubotsky Of Jameson Sotheby's International Realty Sells Multifamily Property In Evanston For $1M sale when underwriting similar multifamily product around Evanston, Illinois.
Evanston 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93