Updated Dec 21, 2023
Interra Realty Sells Multifamily Property In Matteson, IL For $708,500
4040 Lindenwood Drive, Matteson, Illinois 60443, United States
$708,500
$60/SF
Building Size
11,701 SF
Asset Type
MultiFamily
Closing
Feb 17, 2022
About this deal
AI
The multifamily property located at 4040 Lindenwood Dr in Matteson, IL was recently sold for a price of $708,500. The sale was facilitated by Michael Duckler of Interra Realty.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $708,500
- Address: 4040 Lindenwood Dr, Matteson, IL
- Market: Matteson, IL
Michael Duckler from Interra Realty represented the parties involved in this sale. The transaction took place on February 18, 2022.
The multifamily sale at 4040 Lindenwood Drive, Matteson, Illinois 60443, United States in Matteson, Illinois sold for $708.5K in 2022. The building is 11,701 square feet, implying about 60 per square foot on the published price. Michael Duckler, Interra Realty appear on the sale alongside Interra Realty. This page is the Matteson, Illinois file for the 4040 Lindenwood Drive, Matteson, Illinois 60443, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Matteson sit in the Market section below. Filter that Matteson multifamily set by closing date to see what else sold near 4040 Lindenwood Drive, Matteson, Illinois 60443, United States around 2022. Published consideration for 4040 Lindenwood Drive, Matteson, Illinois 60443, United States is $708.5K, dated 2022. Cite this Interra Realty Sells Multifamily Property In Matteson, IL For $708,500 sale when underwriting similar multifamily product around Matteson, Illinois.
Players
Matteson 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
22.39%
Cash-on-Cash
-6.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93