Dream Town Realty Sells Multifamily Property In Chicago For $1.18M
3722 North Bosworth Avenue, Chicago, IL, USA
$1,183,000
$277/SF
Building Size
4,264 SF
Asset Type
MultiFamily
Closing
Mar 29, 2021
AI
This multifamily property located at 3722 N Bosworth Ave in Chicago encompasses 4,264 square feet and consists of 4 units, offering a price per unit of $295,750. The overall transaction amount reached $1,183,000, which translates to a price per square foot of $277.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,183,000
- Square Footage: 4,264 SF
- Price Per Square Foot: $277
- Units: 4
- Price Per Unit: $295,750
- Date of Sale: 03/30/2021
- Market: Chicago
The transaction was facilitated by brokers Eva Nieves and Danny Lewis, representing Dream Town Realty. Their involvement played a crucial role in the completion of this deal, aiding in the successful transaction between the parties involved.
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
13.41%
Cash-on-Cash
-3.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93