Updated Dec 20, 2023
Coldwell Banker Realty Acquires Multifamily Property In Chicago For $1.3M
3508 North Bosworth Avenue, Chicago, IL, USA
$1,300,000
$279/SF
Building Size
4,650 SF
Asset Type
MultiFamily
Closing
Jan 14, 2021
About this deal
AI
A multifamily property located at 3508 N. Bosworth Street in Chicago has been sold for $1,300,000. The property spans 4,650 square feet with a price per square foot of $280. It features three units, with a price per unit of $433,333.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 3508 N. Bosworth Street, Chicago
- Market: Chicago
- Square Footage: 4,650
- Price per Square Foot: $280
- Units: 3
- Price per Unit: $433,333
The buyer in this transaction was represented by Marc Devereux of Coldwell Banker Realty, while the seller was represented by Brant Booker of Jameson Sotheby's International Realty.
On the Map
$1,300,000
$279/SF
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93