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
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93