Compass Brokers Rowland & Decker Close $1.08M Multifamily Sale On Sheffield Ave, Chicago
SOLD
$1,080,000
Illinois
See Similar DealsMultiFamily
Sold 06/15/2022
SOLD
Compass Brokers Rowland & Decker Close $1.08M Multifamily Sale On Sheffield Ave, Chicago
3510 North Sheffield Avenue, Chicago, Illinois 60657, United States
See Similar DealsMultiFamily
Sold 06/15/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 3510 N Sheffield Ave in Chicago has been sold. The sale was facilitated by Jason Rowland and Michael Decker of Compass. The transaction took place on 06/15/2022, with a sale price of $1,080,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,080,000
- Address: 3510 N Sheffield Ave
- Market: Chicago
The deal was successfully completed by Jason Rowland and Michael Decker of Compass. They acted as the brokers representing the buyer and seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,837.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,119.75
Annual Debt Service$61,437.01
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