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Gloria Negron Sells Multifamily Property At 3121 West Augusta Boulevard For $1.18M

Property Image
SOLD
$1,180,000

Illinois

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MultiFamily5,650 SF
Sold 09/09/2024
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Property Image
SOLD

Gloria Negron Sells Multifamily Property At 3121 West Augusta Boulevard For $1.18M

3121 West Augusta Boulevard

See Similar Deals
MultiFamily5,650 SF
Sold 09/09/2024
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$208
Total Square Footage:5,650 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 3121 West Augusta Boulevard in Chicago. The sale price for this asset was $1,180,000. The property consists of 3 units and spans a total square footage of 5,650, resulting in a price per unit of $393,333 and a price per square foot of $208.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,180,000
  • Units: 3
  • Square Footage: 5,650
  • Price per Unit: $393,333
  • Price per Square Foot: $208
  • Seller: Gloria Negron
  • Brokers: Manuel Pineda, Ben Lalez & Mark Buckner - Compass
  • Date of Sale: 09/09/2024

The deal involved three brokers from Compass: Manuel Pineda, Ben Lalez, and Mark Buckner, who represented the seller, Gloria Negron. This transaction reflects the collaboration of these professionals in facilitating the sale of this multifamily property.

Players

Ben Lalez
3 deals$4.5M volume
BROKER

Mark Buckner
Compass
1 deal$1.2M volume(312) 957-7745
BROKER

Details

SOLD
IMAGE: Mark Buckner, Manuel Pineda & Ben Lalez DATE: 09/09/2024 ADDRESS: 3121 West Augusta Boulevard MARKET: Chicago ASSET TYPE: Multifamily SELLER: Gloria Negron BROKERS: Manuel Pineda (@OfficialMannyPineda), Ben Lalez (@TheBenLalezteam) & Mark Buckner (@MarkBucknergroup) - Compass (@Compass) SALE PRICE: $1,180,000 UNITS: 3 ~ PPU: $393,333 SF: 5,650 ~ PPSF: $208

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,593.80
Annual Debt Service$67,125.62