Updated Dec 20, 2023
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
About this deal
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.
On the Map
$1,050,000
$336/SF
MultiFamily
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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