Compass' Steve Scheuring Represents Buyer In $1.22M Chicago Multifamily Sale At 3532 N Bosworth Ave
SOLD
$1,225,000
Illinois
See Similar DealsMultiFamily3,720 SF
Sold 06/03/2022
SOLD
Compass' Steve Scheuring Represents Buyer In $1.22M Chicago Multifamily Sale At 3532 N Bosworth Ave
3532 North Bosworth Avenue, Chicago, Illinois 60657, United States
See Similar DealsMultiFamily3,720 SF
Sold 06/03/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$329
Total Square Footage:3,720 SF
Transaction Type:Sale
A multifamily property located at 3532 N Bosworth Ave in Chicago has been sold. The property consists of 3 units with a total sale price of $1,225,000. This translates to a price per unit of $408,333. The lot size of the property is 3,720 square feet, resulting in a price per square foot of $329.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,225,000
- Units: 3
- Price per Unit: $408,333
- Lot Size: 3,720 square feet
- Price per Square Foot: $329
Steve Scheuring from Compass represented the buyer in this transaction, while Brian Moon from Keller Williams ONEChicago represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$65,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,352.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,807.12
Annual Debt Service$69,685.50
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