Compass Representative Meg Wood Facilitates $1.01M Multifamily Sale In Chicago
SOLD
$1,010,000
Illinois
See Similar DealsMultiFamily3,955 SF
Sold 03/05/2022
SOLD
Compass Representative Meg Wood Facilitates $1.01M Multifamily Sale In Chicago
5357 North Lakewood Avenue, Chicago, Illinois 60640, United States
See Similar DealsMultiFamily3,955 SF
Sold 03/05/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$255
Total Square Footage:3,955 SF
Transaction Type:Sale
A multifamily property located at 5357 N Lakewood Ave in Chicago has been sold for $1,010,000. The property is situated in the Chicago market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Address: 5357 N Lakewood Ave
- Market: Chicago
Meg Wood from Compass represented the buyer, while Nick Rendleman from Nicholas Ryan Team - Your Home Sold Guaranteed Realty represented the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,588.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,787.92
Annual Debt Service$57,454.98
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