FCA Acquires Property At 3502 N Sheffield Ave From Ivan Perini For $871,000
SOLD
$871,000
Illinois
See Similar DealsMultiFamily
Sold 01/10/2017
SOLD
FCA Acquires Property At 3502 N Sheffield Ave From Ivan Perini For $871,000
3502 N Sheffield Ave, Chicago, IL, 60...
See Similar DealsMultiFamily
Sold 01/10/2017
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$46,453.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,094.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,128.98
Annual Debt Service$49,547.81
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