Debra Kaden Acquires Multifamily Property In Chicago For $1.075M
SOLD
$1,075,000
Illinois
See Similar DealsMultiFamily4,761 SF
Sold 02/22/2021
SOLD
Debra Kaden Acquires Multifamily Property In Chicago For $1.075M
3735 N Sheffield Ave, Chicago, IL, USA
See Similar DealsMultiFamily4,761 SF
Sold 02/22/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$225
Total Square Footage:4,761 SF
Transaction Type:Sale
An multifamily property located at 3735 N Sheffield Ave in Chicago has been sold in a recent transaction. The sale took place on February 22, 2021, with Debra Kaden representing the buyer and Philip Barone & Maureen Barone from Compass representing the seller. The property was sold for a price of $1,075,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Date: 02/22/2021
- Address: 3735 N Sheffield Ave
- Market: Chicago
- Buyer's Rep: Debra Kaden roperties
- Seller's Rep: Philip Barone & Maureen Barone - Compass
The multifamily property located at 3735 N Sheffield Ave in Chicago was sold with Debra Kaden representing the buyer and Philip Barone & Maureen Barone from Compass representing the seller. The transaction was completed on February 22, 2021, for a total sale price of $1,075,000.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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