Updated Dec 4, 2024
Multifamily Property At 2770 Prairie Avenue In Evanston Sells For $1.05M With Reps James Ticus And Debbie Magnusen
2770 Prairie Avenue
$1,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 25, 2023
About this deal
AI
A multifamily property located at 2770 Prairie Avenue in Evanston was sold for a total of $1,050,000. The transaction involved representation by James Ticus from Jameson Sotheby's International Realty and Debbie Magnusen from @properties Christie's International Real Estate.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 2770 Prairie Avenue, Evanston
- Market: Evanston
James Ticus, a representative of Jameson Sotheby's International Realty, assisted the buyer in this transaction, while Debbie Magnusen, representing @properties Christie's International Real Estate, represented the seller.
Players
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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93