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292 Arlington Avenue

Timothy Schiller & Jeffrey Proctor Facilitate $1.98M Sale Of Elmhurst Multifamily
SOLDMultiFamily

Timothy Schiller & Jeffrey Proctor Facilitate $1.98M Sale Of Elmhurst Multifamily

292 Arlington Avenue

$1,985,000

Building Size

Asset Type

MultiFamily

Closing

Mar 11, 2024

AI

In Elmhurst, a multifamily property located at 292 Arlington Avenue, spanning 0.65 acres, was sold for $1,985,000.

Summary of transation details:

The sale of the property at 292 Arlington Avenue was facilitated by Jeffrey Proctor and Timothy Schiller from @properties Christie's International Real Estate.

Players

Jeffrey Proctor

At Properties Commercial

Broker

$14M

vol

4 deals

Broker

Elmhurst 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

7.99%

Cash-on-Cash

-2.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93