SOLDMultiFamily
Richard Kasper & Rachel Montiel Sell Chicago Multifamily Property For $1.5M
3704 North Janssen Avenue, Chicago, IL, USA
$1,500,000
$432/SF
Building Size
3,471 SF
Asset Type
MultiFamily
Closing
Jul 9, 2020
AI
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.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93