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
31,000 SF
Asset Type
MultiFamily
Closing
Jun 25, 2021
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.
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