Interra Realty Brokers $720,000 Sale Of Multifamily Property In Humboldt Park
SOLD
$720,000
Illinois
See Similar DealsMultiFamily6,282 SF
Sold 06/22/2022
SOLD
Interra Realty Brokers $720,000 Sale Of Multifamily Property In Humboldt Park
3835 West North Avenue, Chicago, Illinois 60647, United States
See Similar DealsMultiFamily6,282 SF
Sold 06/22/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$114
Total Square Footage:6,282 SF
Transaction Type:Sale
The multifamily property located at 3835 W North Ave in Humboldt Park has been sold for $720,000. The transaction took place on 06/22/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $720,000
- Market: Humboldt Park
The sale was facilitated by the brokers Sam Gutierrez, Lucas Fryman, and Brad Feldman from Interra Realty. They represented the parties involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$38,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,558.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,413.17
Annual Debt Service$40,958.01
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