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2743 North Wilton Avenue

Chris Gomes Of Jameson Sotheby's International Realty Buys 2743 N Wilton Ave Multifamily In Chicago For $1.435M As Buyer's Rep
SOLDMultiFamily

Chris Gomes Of Jameson Sotheby's International Realty Buys 2743 N Wilton Ave Multifamily In Chicago For $1.435M As Buyer's Rep

2743 North Wilton Avenue

$1,435,000

Building Size

Asset Type

MultiFamily

Closing

Mar 8, 2024

AI

Located at 2743 North Wilton Avenue in Chicago, this multifamily property was recently sold for $1,435,000. The transaction was facilitated by Chris Gomes of Jameson Sotheby's International Realty, representing the buyer, while the seller was represented by Mark Icuss and Stephanie Poulakidas of Compass.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,435,000
  • Address: 2743 North Wilton Avenue
  • Market: Chicago
  • Buyer's Rep: Chris Gomes - Jameson Sotheby's International Realty
  • Seller's Rep: Mark Icuss & Stephanie Poulakidas - Compass

Chris Gomes from Jameson Sotheby's International Realty skillfully represented the buyer, ensuring a successful transaction for the acquisition of the multifamily property. On the other side, Mark Icuss and Stephanie Poulakidas, both from Compass, utilized their expertise to represent the seller effectively, leading to a smooth sale process.

Players

Mark Icuss

Compass

Broker

$21.9M

vol

6 deals

Broker

Chicago 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

11.05%

Cash-on-Cash

-3.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93