facebook
Traded Co logo
Submit

Jameson Sotheby's Intl Realty's Michael Shenfeld Represents Buyer In $1.87M Chicago Multifamily Sale

Property Image
SOLD
$1,865,000

Illinois

See Similar Deals
MultiFamily3,400 SF
Sold 09/15/2022
the dealplayerscompscontact
Property Image
SOLD

Jameson Sotheby's Intl Realty's Michael Shenfeld Represents Buyer In $1.87M Chicago Multifamily Sale

504 West Wisconsin Street, Chicago, Illinois 60614, United States

See Similar Deals
MultiFamily3,400 SF
Sold 09/15/2022
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$548
Total Square Footage:3,400 SF
Transaction Type:Sale

The multifamily property located at 504 W Wisconsin St in Chicago has been sold for a total of $1,865,000. The property spans across 3,400 square feet, resulting in a price per square foot of $549. Additionally, the lot size is 1,850 square feet with a price per square foot of $1,008.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,865,000
  • Address: 504 W Wisconsin St, Chicago
  • Square Footage: 3,400
  • Price per Square Foot: $549
  • Lot Size: 1,850 square feet
  • Price per Lot Square Foot: $1,008

Michael Shenfeld from Jameson Sotheby's International Realty represented the buyer in this transaction, while Ben Lalez from Compass acted as the seller's representative.

Players

Ben Lalez
3 deals$4.5M volume
BROKER

Sotheby's International Realty
BROKERAGE

Details

SOLD
IMAGE: Michael Shenfeld & Ben Lalez DATE: 09/15/2022 ADDRESS: 504 W Wisconsin St MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Michael Shenfeld - Jameson Sotheby's International Realty SELLER'S REP: Ben Lalez - Compass SALE PRICE: $1,865,000 SF: 3,400 ~ PPSF: $549 LOT SF: 1,850 ~ PPLSF: $1,008

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$99,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,625.95
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,841.05
Annual Debt Service$106,092.62