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Monarch Realty Partners Facilitates $13M Sale Of Lake Zurich Multifamily Property At 40 W Main St

Property Image
SOLD
$13,000,000

Illinois

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MultiFamily
Sold 06/14/2022
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Property Image
SOLD

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

See Similar Deals
MultiFamily
Sold 06/14/2022
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

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

Bill Baumann
11 deals$265.6M volume(312) 300-7287
BROKER

Monarch Realty Partners
BROKERAGE

Details

SOLD
IMAGE: Bill Baumann DATE: 06/14/2022 ADDRESS: 40 W Main St MARKET: Lake Zurich ASSET TYPE: Multifamily BROKER: Bill Baumann - Monarch Realty Partners SALE PRICE: $13,000,000 UNITS: 48 ~ PPU: $270,833

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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Cash Flow (Annual)-$46,186.27
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