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3936 N Marshfield Ave, Chic...

Fulton Grace Realty Facilitates $1.05M Sale Of Multifamily Property In Chicago
SOLDMultiFamily

Fulton Grace Realty Facilitates $1.05M Sale Of Multifamily Property In Chicago

3936 N Marshfield Ave, Chicago, IL, USA

$1,050,000

$336/SF

Building Size

3,125 SF

Asset Type

MultiFamily

Closing

Aug 31, 2021

AI

A multifamily property located at 3936 N Marshfield Ave in Chicago was recently sold for $1,050,000. The property has a lot size of 3,125 square feet, resulting in a price per square foot of $336. The sale took place on August 31, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Lot Size: 3,125 square feet
  • Price per Square Foot: $336
  • Transaction Date: August 31, 2021
  • Address: 3936 N Marshfield Ave, Chicago
  • Broker: Roman Serra - Fulton Grace Realty

Roman Serra of Fulton Grace Realty represented the parties involved in the transaction as the broker. The property's sale price indicates a strong market value, considering the lot size and price per square foot. This successful sale reflects positive activity in the multifamily market in Chicago.

Players

Roman Serra

Aria Real Estate

Broker

$3.9M

vol

3 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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