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617 W Fulton St

Fulton & Ogden LLC Sells MultiFamily Property At 617 W Fulton St Chicago For $5,750,000
SOLDMultiFamily

Fulton & Ogden LLC Sells MultiFamily Property At 617 W Fulton St Chicago For $5,750,000

617 W Fulton St

$5,750,000

Building Size

Asset Type

MultiFamily

Closing

Feb 19, 2025

AI

The property involved in this transaction is a MultiFamily asset located at 617 W Fulton St, Chicago, IL. The sale occurred on February 19, 2025, with a transaction amount of $5,750,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $5,750,000.00
  • Address: 617 W Fulton St
  • Market: Chicago, IL
  • Seller: Fulton & Ogden LLC
  • Broker: Sam Jenkins - Sotheby's International Realty

This transaction highlights the role of Fulton & Ogden LLC as the seller, represented by broker Sam Jenkins from Sotheby's International Realty in the deal, facilitating the transfer of ownership for the MultiFamily property.

Players

Sam Jenkins

Sotheby's International Realty

Broker

$18M

vol

6 deals

Broker
Fulton & Ogden LLC
Fulton & Ogden LLCSeller

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

2.76%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93