Updated Dec 20, 2023
Compass Brokers Rowland & Decker Close $1.08M Multifamily Sale On Sheffield Ave, Chicago
3510 North Sheffield Avenue, Chicago, Illinois 60657, United States
$1,080,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 14, 2022
About this deal
AI
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.
On the Map
$1,080,000
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
14.69%
Cash-on-Cash
-4.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93