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

Property Image
SOLD
$1,985,000
Jeffrey "Jeff" Proctor
Timothy (Tim) Schiller

Illinois

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MultiFamily
Sold 03/11/2024
the dealplayerscompscontact
Property Image
SOLD

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

292 Arlington Avenue

See Similar Deals
MultiFamily
Sold 03/11/2024
Jeffrey "Jeff" Proctor
Timothy (Tim) Schiller
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

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 "Jeff" Proctor
At Properties Commercial
Jeffrey Proctor
4 deals$14M volume
BROKER
Timothy (Tim) Schiller
At Properties Commercial
Timothy Schiller
2 deals$6.2M volume(630) 992-0582
BROKER

Details

SOLD
IMAGE: Jeffrey Proctor & Timothy Schiller DATE: 03/11/2024 ADDRESS: 292 Arlington Avenue MARKET: Elmhurst ASSET TYPE: Multifamily ~ ACRES: 0.65 BROKERS: Jeffrey Proctor (@JProctorGroup) & Timothy Schiller - @properties (@AtProperties) Christie's International Real Estate (@ChristiesRealEstate) SALE PRICE: $1,985,000 NOTE: In Elmhurst, a multifamily property located at 292 Arlington Avenue, spanning 0.65 acres, was sold for $1,985,000. The transaction was facilitated by brokers Timothy Schiller and Jeffrey Proctor from @properties Christie's International Real Estate.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$105,866.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,052.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,409.91
Annual Debt Service$112,918.95