Interra Realty Brokers Sell Garfield Park Multifamily For $480K
3056 West Franklin Boulevard, Chicago, Illinois 60612, United States
$480,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 31, 2022
AI
The multifamily property located at 3056 W Franklin Blvd in Garfield Park, Chicago has been sold for a transaction amount of $480,000. The sale was facilitated by brokers Sam Gutierrez and Lucas Fryman from Interra Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $480,000
- Address: 3056 W Franklin Blvd
- Market: Garfield Park, Chicago
- Brokers: Sam Gutierrez & Lucas Fryman - Interra Realty
Sam Gutierrez and Lucas Fryman, representing Interra Realty, played a key role in the successful sale of this multifamily property in Garfield Park. Their expertise and negotiation skills contributed to the transaction's completion.
Players
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
33.05%
Cash-on-Cash
-9.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93