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Carrie McCormick & Bryan Eugenio Of Christie's International Real Estate Facilitates Sale Of $1.05M Chicago Multifamily
SOLD
$1,050,000
Illinois
See Similar DealsMultiFamily6,984 SF
Sold 02/22/2024
SOLD
Carrie McCormick & Bryan Eugenio Of Christie's International Real Estate Facilitates Sale Of $1.05M Chicago Multifamily
4312 North Bernard Street
See Similar DealsMultiFamily6,984 SF
Sold 02/22/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$150
Total Square Footage:6,984 SF
Transaction Type:Sale
The multifamily property located at 4312 North Bernard Street in Chicago was sold for $1.05 million. The property comprises of six units with a price per unit of $175,000, spanning 6,984 square feet and a price per square foot of $150.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Units: 6
- Price per Unit: $175,000
- Square Footage: 6,984
- Price per Square Foot: $150
- Address: 4312 North Bernard Street
- Market: Chicago
- Brokers: Carrie McCormick & Bryan Eugenio of @properties Christie's International Real Estate
Carrie McCormick and Bryan Eugenio from @properties Christie's International Real Estate were the brokers who facilitated the sale of the property, showcasing their expertise in the Chicago real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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