Updated Dec 21, 2023
Frank Fascalco Sells Multifamily Property In South Shore For $580,000
3156 East 80th Street, Chicago, IL 60617, USA
$580,000
$75/SF
Building Size
7,664 SF
Asset Type
MultiFamily
Closing
Oct 15, 2021
About this deal
AI
Located in the South Shore market, the multifamily property at 3156 E. 80th has been sold in a recent transaction. The sale, which took place on October 15, 2021, was facilitated by brokers Aaron Sklar & Noah Birk from Kiser Group. The property consists of 8 units and was sold by Frank Fascalco.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $580,000
- Units: 8
- Price Per Unit: $72,500
- Address: 3156 E. 80th
- Market: South Shore
The sale of the property concluded with a sale price of $580,000. Aaron Sklar & Noah Birk of Kiser Group represented Frank Fascalco in the transaction, ensuring a successful deal for all parties involved.
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
27.35%
Cash-on-Cash
-7.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93