SOLDMultiFamily
Redfin Corporation Acquires Multifamily Property In Chicago For $1.2M
2836 North Sheffield Avenue, Chicago, IL 60657
$1,225,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 30, 2021
AI
The multifamily property located at 2836 N Sheffield Ave in Chicago was recently sold for $1,225,000. The sale took place on June 30, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,225,000
- Address: 2836 N Sheffield Ave
- Market: Chicago
The buyer's representative in this transaction was Steve Dombar from Redfin Corporation. On the other hand, the seller's representative was Mario Greco from Berkshire Hathaway HomeServices Chicago.
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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93