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3723 North Magnolia Avenue,...

$1.175M Multifamily Sale In Chicago's Magnolia Ave. Closed By Gregory Bradley & William Goldberg - Fulton Grace Realty
SOLDMultiFamily

$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

Will Goldberg

Fulton Grace Realty

Broker

$4M

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

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93