SOLDMultiFamily
Monarch Realty Partners Facilitates $13M Sale Of Lake Zurich Multifamily Property At 40 W Main St
40 West Main Street, Lake Zurich, Illinois 60047, United States
$13,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 13, 2022
AI
A multifamily property located at 40 W Main St in Lake Zurich has been sold for $13,000,000. The transaction took place on 06/14/2022. The property consists of 48 units, resulting in a per unit price of $270,833.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $13,000,000
- Units: 48
- Per Unit Price: $270,833
The sale of this property was facilitated by Bill Baumann from Monarch Realty Partners.
Players
Lake Zurich 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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93