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3532 North Bosworth Avenue,...

Compass' Steve Scheuring Represents Buyer In $1.22M Chicago Multifamily Sale At 3532 N Bosworth Ave
SOLDMultiFamily

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

$1,225,000

$329/SF

Building Size

3,720 SF

Asset Type

MultiFamily

Closing

Jun 2, 2022

AI

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.

Players

Stephen Scheuring

Compass

Broker

$3.5M

vol

3 deals

Broker

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

12.95%

Cash-on-Cash

-3.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93