Interra Realty Brokers Sell Marquette Park Multifamily Properties For $2.575M
6148 South Sacramento Avenue, Chicago, Illinois 60629, United States
$2,575,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 6, 2022
AI
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
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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93