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Captain Realty LLC Acquires Multifamily Property In Chicago For $1.06M

Property Image
SOLD
$1,060,000
Elizabeth Cavanaugh
Joseph Root
AI

Illinois

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MultiFamily5,045 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Captain Realty LLC Acquires Multifamily Property In Chicago For $1.06M

3858 North Hermitage Avenue, Chicago, IL 60613, USA

See Similar Deals
MultiFamily5,045 SF
Sold
Elizabeth Cavanaugh
Joseph Root
AI
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$210
Total Square Footage:5045 SF
Transaction Type:Sale

The multifamily property located at 3858 N Hermitage Ave in Chicago was sold for a price of $1,060,000 on July 29, 2021. The transaction was facilitated by Elizabeth Cavanaugh from Captain Realty LLC, who represented the buyer. On the seller's side, Joseph Root and Ayebitorofa Itima from Root Realty, Inc. acted as the seller's representatives.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,060,000
  • Address: 3858 N Hermitage Ave, Chicago
  • Market: Chicago

The sale of this multifamily property showcases the expertise and negotiation skills of both parties involved. Elizabeth Cavanaugh from Captain Realty LLC diligently represented the buyer, ensuring a successful transaction. Joseph Root and Ayebitorofa Itima from Root Realty, Inc. effectively acted as the seller's representatives, facilitating the sale of the property.

Players

Joseph Root
Root Realty
Joseph Root
9 deals$15.9M volume
BROKER
AI
Ayebitorofa Itima
2 deals$3.6M volume
BROKER
Elizabeth Cavanaugh
Elizabeth Cavanaugh
1 deal$1.1M volume
BROKER

Details

SOLD
IMAGE: Joseph Root DATE: 07/29/2021 ADDRESS: 3858 N Hermitage Ave MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Elizabeth Cavanaugh - Captain Realty LLC SELLER'S REP: Joseph Root & Ayebitorofa Itima - Root Realty, Inc. SALE PRICE: $1,060,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,765.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,024.94
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