SOLDMultiFamily
FCA Acquires Property At 3502 N Sheffield Ave From Ivan Perini For $871,000
3502 N Sheffield Ave, Chicago, IL, 60...
$871,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 10, 2017
AI
A four-unit walk-up building located at 3502 N Sheffield Ave, Chicago, IL, was sold for $871,000. This asset is situated in the Chicago market and has a square footage of 0.
Summary of transaction details:
- Property Type: Four-unit walk-up building
- Transaction Amount: $871,000.00
- Address: 3502 N Sheffield Ave, Chicago, IL
- Seller: Ivan Perini
- Buyer: FCA
- Seller's Representative: Brian DiBasilio (Triad Real Estate Partners)
Brad Feldman and Brian DiBasilio represented the seller, Ivan Perini, while Craig Martin represented the buyer in this transaction.
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
18.21%
Cash-on-Cash
-5.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93