SOLDMultiFamily
Westward 360 Acquires Multifamily Property In Chicago For $1.39M
3511 North Reta Avenue, Chicago, Illinois 60657, United States
$1,390,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 1, 2022
AI
The multifamily property located at 3511 N Reta Ave in Chicago has been sold in a recent transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,390,000
- Units: 4
- Price Per Unit: $347,500
The seller's representative in this transaction was Alan Cosby from Westward 360.
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
11.41%
Cash-on-Cash
-3.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93