$1.175M Multifamily Sale In Chicago's Magnolia Ave. Closed By Gregory Bradley & William Goldberg - Fulton Grace Realty
3723 North Magnolia Avenue, Chicago, Illinois 60613, United States
$1,175,000
$313/SF
Building Size
3,750 SF
Asset Type
MultiFamily
Closing
Jan 31, 2022
AI
A multifamily property located at 3723 N Magnolia Ave in Chicago has recently been sold for $1,175,000. The property has a lot size of 3,750 square feet, which translates to a price per square foot of $313.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Address: 3723 N Magnolia Ave, Chicago
- Market: Chicago
- Broker: Gregory Bradley & William Goldberg - Fulton Grace Realty
The sale of this property was facilitated by Gregory Bradley and William Goldberg from Fulton Grace Realty. They acted as the representatives for the buyer and seller involved in this transaction.
Players
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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93