Updated Sep 9, 2024
Westward 360 Acquires Multifamily Property In Chicago For $1.39M
3511 North Reta Avenue, Chicago, Illinois 60657, United States
$1,390,000
Units
4
Asset Type
MultiFamily
Closing
Jun 1, 2022
About this deal
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.
The multifamily sale at 3511 North Reta Avenue, Chicago, Illinois 60657, United States in Chicago, Illinois sold for $1.4M in 2022. Reported inventory is 4 units across 4 units. Alan Cosby, Westward360 appear on the sale alongside Westward360. This page is the Chicago, Illinois file for the 3511 North Reta Avenue, Chicago, Illinois 60657, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 3511 North Reta Avenue, Chicago, Illinois 60657, United States around 2022. Published consideration for 3511 North Reta Avenue, Chicago, Illinois 60657, United States is $1.4M, dated 2022. Cite this Westward 360 Acquires Multifamily Property In Chicago For $1.39M sale when underwriting similar multifamily product around Chicago, Illinois.
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