Updated Dec 4, 2024
548 West Fullerton Parkway Multifamily Sold In Chicago For $1.75M
548 West Fullerton Parkway
$1,751,000
Units
3
Asset Type
MultiFamily
Closing
Apr 5, 2024
About this deal
AI
548 West Fullerton Parkway in Chicago, a multifamily property, was sold for $1,751,000. The property consists of 3 units, featuring full-floor units on the first two floors and a garden studio apartment generating $15,900 annually, with potential for increased income through unit modifications and updates.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,751,000
- Units: 3
- Price per Unit: $583,667
- Address: 548 West Fullerton Parkway
- Market: Chicago
Dee Thompson and Dione Balingit of @properties Christie's International Real Estate represented the buyer, while Paul Waitz and Sophia Klopas of Berkshire Hathaway HomeServices Chicago represented the seller in the transaction.
On the Map
$1,751,000
MultiFamily
View full map
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Sophia Klopas to view all their deals.
Browse Chicago multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93