Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 3704 North Janssen Avenue, Chicago, IL, USA in Chicago, Illinois sold for $1.5M in 2020. The building is 3,471 square feet, implying about 432 per square foot on the published price. Rachel Montiel, Richard (Rich) Kasper, Kathy Menighan Wilson, At Properties Commercial appear on the sale alongside At Properties Commercial, Compass. This page is the Chicago, Illinois file for the 3704 North Janssen Avenue, Chicago, IL, USA 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 3704 North Janssen Avenue, Chicago, IL, USA around 2020. Published consideration for 3704 North Janssen Avenue, Chicago, IL, USA is $1.5M, dated 2020. Cite this Richard Kasper & Rachel Montiel Sell Chicago Multifamily Property For $1.5M sale when underwriting similar multifamily product around Chicago, Illinois.
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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