Updated Oct 29, 2024
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
About this deal
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.
On the Map
$871,000
MultiFamily
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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