Updated Dec 4, 2024
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
About this deal
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:
- Property Type: Multifamily
- Transaction Amount: $1,065,000
- Address: 5734 West Belle Plaine Avenue
- Market: Chicago
- Buyer's Representative: Laura Herlo - Coldwell Banker
- Seller's Representative: Stephen Costa - Weichert Realtors
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.
On the Map
$1,065,000
MultiFamily
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Players
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