Richard Kasper & Rachel Montiel Sell Chicago Multifamily Property For $1.5M
SOLD
Illinois
See Similar DealsMultiFamily3,471 SF
Sold 07/09/2020
SOLD
Richard Kasper & Rachel Montiel Sell Chicago Multifamily Property For $1.5M
3704 North Janssen Avenue, Chicago, IL, USA
See Similar DealsMultiFamily3,471 SF
Sold 07/09/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$432
Total Square Footage:3,471 SF
Transaction Type:Sale
A multifamily property located at 3704 N Janssen St in Chicago has been sold for $1,500,000 on 07/09/2021. The property was marketed in the Chicago market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
Kathleen Menighan Properties represented the buyer, while Richard Kasper & Rachel Montiel from Compass represented the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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