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3244 West Fulton Boulevard,...

Jameson Sotheby's International Realty Brokers Sell Multifamily Asset In East Garfield Park For $215K
SOLDMultiFamily

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

Ryan Grober

Sotheby's International Realty

Broker

$5.2M

vol

6 deals

Broker

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