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5734 West Belle Plaine Avenue

Multifamily Property At 5734 West Belle Plaine Avenue Sold For $1.065M With Laura Herlo And Stephen Costa
SOLDMultiFamily

Multifamily Property At 5734 West Belle Plaine Avenue Sold For $1.065M With Laura Herlo And Stephen Costa

5734 West Belle Plaine Avenue

$1,065,000

Building Size

Asset Type

MultiFamily

Closing

Jul 25, 2024

AI

5734 West Belle Plaine Avenue is a multifamily property located in Chicago. The asset was sold for $1,065,000.

Summary of transaction details:

Laura Herlo of Coldwell Banker represented the buyer in this transaction, while Stephen Costa of Weichert Realtors represented the seller, facilitating the sale of the property between the involved parties.

Players

Stephen Costa

Weichert Realtors

Broker

$2.2M

vol

2 deals

Broker

Chicago 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

14.89%

Cash-on-Cash

-4.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93