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559 Wentworth Avenue

Calumet City Multifamily Property Sells For $1.85M With Broker Anthony Spangler Of Horvath & Tremblay
SOLDMultiFamily

Calumet City Multifamily Property Sells For $1.85M With Broker Anthony Spangler Of Horvath & Tremblay

559 Wentworth Avenue

$1,850,000

Building Size

Asset Type

MultiFamily

Closing

Dec 19, 2023

AI

A multifamily property located at 559 Wentworth Avenue in Calumet City has recently been sold for $1,850,000. The transaction was brokered by Anthony Spangler of Horvath & Tremblay.

Summary of transaction details:

This sale represents a successful transaction involving a multifamily property in Calumet City. The property, located at 559 Wentworth Avenue, was sold for a total of $1,850,000. Anthony Spangler of Horvath & Tremblay played a key role in brokering the deal.

Players

Anthony Spangler

Horvath & Tremblay

Broker

$38.7M

vol

13 deals

Broker

Calumet City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93