Jameson Sotheby's International Realty Brokers Sell Multifamily Asset In East Garfield Park For $215K
3244 West Fulton Boulevard, Chicago, Illinois 60624, United States
$215,000
$53/SF
Building Size
4,000 SF
Asset Type
MultiFamily
Closing
Sep 27, 2022
AI
The multifamily property located at 3244 W Fulton Blvd in East Garfield Park, Chicago has been sold for a price of $215,000. The sale took place on 09/28/2022. The property consists of 2 units with a total area of 4,000 square feet, resulting in a price per square foot of $54.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $215,000
- Units: 2
- Price per Unit (PPU): $107,500
- Square Footage (SF): 4,000
- Price per Square Foot (PPSF): $54
- Address: 3244 W Fulton Blvd
- Market: East Garfield Park, Chicago
The sale was facilitated by Ryan Grober and Julian Levit of Jameson Sotheby's International Realty. They represented the buyer and seller in this transaction.
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
73.78%
Cash-on-Cash
-21.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93