Sam Jenkins Acquires Multifamily Property In Chicago For $2.019M
SOLD
$2,019,000
Illinois
See Similar DealsMultiFamily2,975 SF
Sold 06/30/2022
SOLD
Sam Jenkins Acquires Multifamily Property In Chicago For $2.019M
619 West Belden Avenue, Chicago, Illinois 60614, United States
See Similar DealsMultiFamily2,975 SF
Sold 06/30/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$678
Total Square Footage:2,975 SF
Transaction Type:Sale
The multifamily property located at 619 W Belden Ave in Chicago has been sold for a price of $2,019,000. The property spans over a lot size of 2,975 square feet, resulting in a price per square foot of $679.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,019,000
- Lot Size: 2,975 sqft
- Price Per Square Foot: $679
- Market: Chicago
The buyer's representative in this transaction is Sam Jenkins from Jameson Sotheby's International Realty. On the other hand, Emily Sachs Wong Properties served as the seller's representative.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$107,680.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,173.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,571.09
Annual Debt Service$114,853.08
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