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641 West Fullerton Parkway

Ila Coretti Facilitates $2.15M Multifamily Sale In Chicago With Srinivasa Sirigiri Of Provident Realty
SOLDMultiFamily

Ila Coretti Facilitates $2.15M Multifamily Sale In Chicago With Srinivasa Sirigiri Of Provident Realty

641 West Fullerton Parkway

$2,145,485

Building Size

Asset Type

MultiFamily

Closing

Apr 18, 2024

AI

A multifamily property located at 641 West Fullerton Parkway in Chicago has been successfully sold for $2,145,485. Each of the 4 units within the property was priced at approximately $536,371, showcasing a lucrative investment opportunity in the Chicago market.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,145,485
  • Address: 641 West Fullerton Parkway
  • Market: Chicago

Srinivasa Sirigiri, a representative from Provident Realty, played a pivotal role as the buyer's representative in this transaction, while Ila Coretti, from @properties Christie's International Real Estate, represented the seller. Their expertise and negotiation skills were instrumental in closing this successful deal.

Players

Ila Coretti

At Properties Commercial

Broker

$4.5M

vol

2 deals

Broker

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

7.39%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93