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
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.
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