Updated Dec 4, 2024
Dream Town Realty Acquires Multifamily Property In Chicago For $1.3M
3087 North Elbridge Avenue
$1,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 17, 2023
About this deal
AI
The property located at 3087 North Elbridge Avenue in Chicago has been sold for $1,300,000. This multifamily asset was involved in the transaction, and it was represented by Rizwan Gilani of Dream Town Realty as the buyer's representative. On the seller's side, Audrey Jones and Joseph (Joe) Kotoch of Compass acted as the seller's representatives.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 3087 North Elbridge Avenue
- Market: Chicago
Rizwan Gilani, from Dream Town Realty, played a key role in representing the buyer in the sale of this property. Meanwhile, Audrey Jones and Joseph Kotoch, both from Compass, worked as the seller's representatives.
On the Map
$1,300,000
MultiFamily
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Players
Chicago 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93