Updated Oct 28, 2024
NPA Monroe Street LLC Sells Multifamily Property In Austin For $1.02M
5000 West Monroe Street, Chicago, IL 60644, USA & 5000 West Monroe Street
$1,020,000
$32/SF
Building Size
15,500 SF
Asset Type
MultiFamily
Closing
Jun 25, 2021
About this deal
AI
A multifamily property located at 5000 W. Monroe in Austin, Chicago has been sold in a recent transaction. The property consists of 15 units, with a sale price of $1,020,000. This amounts to approximately $68,000 per unit.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Address: 5000 W. Monroe, Austin, Chicago
- Market: Austin, Chicago
The seller of the property was NPA Monroe Street LLC. The transaction was facilitated by brokers Jack Petrando, Aaron Sklar, and Noah Birk.
On the Map
$1,020,000
$32/SF
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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93