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.
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