Updated Oct 29, 2024
FCA Acquires Property In Chicago For $805,000 With Buyer's Rep Joe Scheck
4146 W Cornelia Ave, Chicago, IL, 606...
$805,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 31, 2017
About this deal
AI
A six-unit apartment building located at 4146-68 West Cornelia Ave, Chicago, IL was sold for $805,000. The property is situated in the Chicago market, and the total square footage is not specified.
Summary of transaction details:
- Property Type: Apartment Building
- Transaction Amount: $805,000.00
- Buyer: FCA
- Seller: FCA
- Buyer's Representative: Joe Scheck-Essex Realty Group
- Seller's Representative: Abe Elian-Essex Realty Group
- Additional Broker Involved: Steve Livaditis
The transaction involved FCA as both the buyer and seller, indicating a disposition of the property within their portfolio. Essex Realty Group facilitated the deal, representing both parties through their respective brokers, Joe Scheck, and Abe Elian.
On the Map
$805,000
MultiFamily
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Players
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
19.71%
Cash-on-Cash
-5.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93