Landmark & Property Group Acquires Multifamily Property In Chicago For $1.09M
SOLD
Illinois
See Similar DealsMultiFamily6,986 SF
Sold 07/30/2021
SOLD
Landmark & Property Group Acquires Multifamily Property In Chicago For $1.09M
3050 S Loomis St, Chicago, IL, USA
See Similar DealsMultiFamily6,986 SF
Sold 07/30/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$156
Total Square Footage:6,986 SF
Transaction Type:Sale
The multifamily property located at 3050 S Loomis St in Chicago has been sold in a recent transaction. The property consists of 6 units with a total square footage of 6,986. The sale price for this transaction was $1,090,000, which equates to a price per unit of $181,667 and a price per square foot of $156.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,090,000
- Units: 6
- Price per Unit (PPU): $181,667
- Square Footage (SF): 6,986
- Price per Square Foot (PPSF): $156
- Address: 3050 S Loomis St, Chicago
The buyer in this transaction was represented by Bao Na Li from Landmark & Property Group, Inc. On the other hand, Kui Hu from Concentric Realty, Inc represented the seller.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,133.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,872.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,167.16
Annual Debt Service$62,005.87
Is there something missing? Send suggestions