Interra Realty Brokers Sell Marquette Park Multifamily Properties For $2.575M
SOLD
$2,575,000
Illinois
See Similar DealsMultiFamily
Sold 06/07/2022
SOLD
Interra Realty Brokers Sell Marquette Park Multifamily Properties For $2.575M
6148 South Sacramento Avenue, Chicago, Illinois 60629, United States
See Similar DealsMultiFamily
Sold 06/07/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 6148-52 S. Sacramento Ave., 6155-59 S. Sacramento Ave, and 6154-6158 S. Richmond St. in Marquette Park has been sold for a total price of $2,575,000. The transaction took place on 06/07/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,575,000
- Address: 6148-52 S. Sacramento Ave., 6155-59 S. Sacramento Ave, and 6154-6158 S. Richmond St.
- Market: Marquette Park
- Brokers: Lucas Fryman, Max Grossman, and Sam Gutierrez - Interra Realty
The deal was facilitated by brokers Lucas Fryman, Max Grossman, and Sam Gutierrez of Interra Realty.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$137,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,148.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,206.81
Annual Debt Service$146,481.76
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