Dream Town Real Estate & @Properties Christie's Sell Lakeview Multifamily For $1.34M
3442 North Halsted Street
$1,340,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 3, 2024
AI
A fully rented 3-flat graystone building at 3442 North Halsted Street in Chicago's Lakeview neighborhood was recently sold for $1.34 million. This property near Wrigley Field boasts modern amenities, a garden unit with radiant floor heating, and six tandem outdoor parking spaces.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,340,000
- Units: 3
- Price Per Unit: $446,667
- Address: 3442 North Halsted Street
- Market: Chicago
Rizwan Gilani of Dream Town Real Estate represented the buyer in this transaction, while Urai Chiya from @Properties Christie's International Real Estate acted as the seller's representative.
Players
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
11.84%
Cash-on-Cash
-3.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93