facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

508 W Wisconsin St Chicago,...

Daniel Spitz Of EXP Realty Acquires 3-Unit MultiFamily In Chicago For $1.725M
SOLDMultiFamily

Daniel Spitz Of EXP Realty Acquires 3-Unit MultiFamily In Chicago For $1.725M

508 W Wisconsin St Chicago, IL 60614, USA

$1,725,000

$375/SF

Building Size

4,600 SF

Asset Type

MultiFamily

Closing

Aug 2, 2023

AI

A multi-family property located at 508 West Wisconsin Street in Chicago has been sold for a price of $1,725,000. The property consists of 3 units, with a price per unit of $575,000. It spans a total area of 4,600 square feet, resulting in a price per square foot of $375.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,725,000
  • Address: 508 West Wisconsin Street
  • Market: Chicago
  • Units: 3
  • Price per Unit: $575,000
  • Total Square Footage: 4,600
  • Price per Square Foot: $375

The buyer's representative in this transaction was Daniel Spitz from EXP Realty. The deal was brokered by Daniel Spitz, who played a key role in facilitating the sale.

Players

Daniel Spitz

Captivate Real Estate Group

Broker

$13.7M

vol

9 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.20%

Cash-on-Cash

-2.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93