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3415 North Bosworth Avenue

Fulton Grace Realty Acquires Multifamily Property In Chicago For $1.6M
SOLDMultiFamily

Fulton Grace Realty Acquires Multifamily Property In Chicago For $1.6M

3415 North Bosworth Avenue

$1,645,000

Building Size

Asset Type

MultiFamily

Closing

Dec 21, 2023

AI

The multifamily property located at 3415 North Bosworth Avenue in Chicago was recently sold for $1,645,000. The transaction involved Alejandro Bravo of Fulton Grace Realty acting as the buyer's representative, and Jason Rowland & Joso Goreta of Compass representing the seller.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,645,000
  • Address: 3415 North Bosworth Avenue, Chicago
  • Market: Chicago
  • Buyer's Representative: Alejandro Bravo - Fulton Grace Realty
  • Seller's Representatives: Jason Rowland & Joso Goreta - Compass

The sale of this multifamily property showcases the involvement of key individuals and companies in the transaction. Alejandro Bravo, representing Fulton Grace Realty, assisted the buyer throughout the process. On the other side, Jason Rowland and Joso Goreta, both from Compass, represented the seller. The successful completion of this transaction demonstrates the expertise and professionalism of all parties involved.

Players

Jason Rowland

Compass

Broker

$10.1M

vol

6 deals

Broker
Fulton Grace Realty
Fulton Grace RealtyBrokerage

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

9.64%

Cash-on-Cash

-2.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93