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532 West Wrightwood Avenue

Roman Patzner Of Fulton Grace Realty Represents Buyer In $1.73M Multifamily Sale In Chicago
SOLDMultiFamily

Roman Patzner Of Fulton Grace Realty Represents Buyer In $1.73M Multifamily Sale In Chicago

532 West Wrightwood Avenue

$1,730,000

Building Size

Asset Type

MultiFamily

Closing

Sep 27, 2024

AI

A 3-story, 4-unit brick and stone building located at 532 West Wrightwood Avenue sold in Chicago's Lincoln Park market for $1.73 million. The property consists of four units, resulting in a per-unit price of $432,500.

Summary of transaction details:

Roman Patzner from Fulton Grace Realty represented the buyer in this transaction, while the seller was represented by Laura Topp and Rebecca Conant from Berkshire Hathaway HomeServices Chicago.

Players

Laura Topp

Berkshire Hathaway HomeServices

Broker

$2.8M

vol

2 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

9.17%

Cash-on-Cash

-2.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93