Dream Town Realty Represents Buyer In $1.84M Chicago Multifamily Sale
555 West Roscoe Street, Chicago, Illinois 60657, United States
$1,840,000
$293/SF
Building Size
6,263 SF
Asset Type
MultiFamily
Closing
Sep 18, 2022
AI
The multifamily property located at 555 W Roscoe St in Chicago has been sold in a closed transaction. The property consists of 4 units with a total sale price of $1,840,000. Each unit was sold for an average price of $460,000. The lot size for the property is 6,263 square feet, resulting in a price per square foot of $294.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,840,000
- Units: 4
- Price Per Unit: $460,000
- Lot Size: 6,263 square feet
- Price Per Square Foot: $294
The buyer's representative in this transaction was Riz Gilani from Dream Town Realty, while the seller's representative was Lee Cherney from Compass.
Players
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
8.62%
Cash-on-Cash
-2.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93