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3730 North Marshfield Avenu...

Updated Dec 19, 2023

Compass Brokers Sell Multifamily Property On N Marshfield Ave, Chicago For $1.05M
SOLDMultiFamily

Compass Brokers Sell Multifamily Property On N Marshfield Ave, Chicago For $1.05M

3730 North Marshfield Avenue, Chicago, IL, USA

$1,050,000

$271/SF

Building Size

3,875 SF

Asset Type

MultiFamily

Closing

Jul 8, 2021

About this deal

AI

The multifamily property located at 3730 N Marshfield Ave in Chicago has been sold for a total price of $1,050,000. The transaction took place on 07/09/2021 and was facilitated by Patrick Natale & Matthew Lorentsen from Compass as the seller's representatives. Trishtan Washington from Kale Realty acted as the buyer's representative in the deal.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Date: 07/09/2021
  • Address: 3730 N Marshfield Ave, Chicago
  • Seller's Representatives: Patrick Natale & Matthew Lorentsen - Compass
  • Buyer's Representative: Trishtan Washington - Kale Realty

The sale of this multifamily property was successfully executed with Patrick Natale & Matthew Lorentsen from Compass representing the seller, and Trishtan Washington from Kale Realty representing the buyer. This transaction marks the transfer of ownership for the property located at 3730 N Marshfield Ave in Chicago.

Players

Trishtan Washington

Broker

$1.1M

vol

1 deal

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $271 per square foot on a published $1.1M for 3,875 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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