facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

3410 North Halsted Street, ...

Compass Represents Buyer In $2.2M Multifamily Sale On N Halsted St, Chicago
SOLDMultiFamily

Compass Represents Buyer In $2.2M Multifamily Sale On N Halsted St, Chicago

3410 North Halsted Street, Chicago, IL 60657, USA

$2,200,000

$297/SF

Building Size

7,400 SF

Asset Type

MultiFamily

Closing

Nov 23, 2021

AI

A multifamily property located at 3410 N Halsted St in Chicago has been sold. The property spans 7,400 square feet and is comprised of multiple residential units. The sale price for this transaction was $2,200,000, resulting in a price per square foot of $297. The lot size for the property is 3,125 square feet, with a price per lot size square foot of $704.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Address: 3410 N Halsted St, Chicago
  • Square Footage: 7,400
  • Price per Square Foot: $297
  • Lot Size: 3,125 square feet
  • Price per Lot Size Square Foot: $704

Danny O'Donoghue from Compass represented the buyer in this transaction, while Michael Battista from Jameson Sotheby's International Realty represented the seller.

Players

Michael Battista

Sotheby's International Realty

Broker

$8.7M

vol

4 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93