Updated Dec 21, 2023
City And Field Real Estate Acquires Multifamily Property On W Wabansia Ave In Chicago For $1.16M
3208 West Wabansia Avenue, Chicago, Illinois 60647, United States
$1,160,000
$266/SF
Building Size
4,356 SF
Asset Type
MultiFamily
Closing
May 11, 2022
About this deal
AI
The multifamily property located at 3208 W Wabansia Ave in Chicago has been sold for a price of $1,160,000. The property sits on a lot spanning 4,356 square feet, which translates to a price per square foot of $266.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Lot Size: 4,356 square feet
- Price per Square Foot: $266
- Address: 3208 W Wabansia Ave, Chicago
The buyer in this transaction was represented by Dave Johnson from City and Field Real Estate, while John Huebner from @properties served as the seller's representative.
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
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93