facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$2,145,485
Ila Coretti
SS

Illinois

See Similar Deals
MultiFamily
Sold 04/18/2024
the dealplayerscompscontact
Property Image
SOLD

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

641 West Fullerton Parkway

See Similar Deals
MultiFamily
Sold 04/18/2024
Ila Coretti
SS
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

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
Ila Coretti
2 deals$4.5M volume
BROKER
SS
Srinivasa Sirigiri
4 deals$7.2M volume
BROKER

Details

SOLD
IMAGE: Ila Coretti DATE: 04/18/2024 ADDRESS: 641 West Fullerton Parkway MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Srinivasa Sirigiri - Provident Realty SELLER'S REP: Ila Coretti (@IlaCoretti) - @properties (@AtProperties) Christie's International Real Estate (@ChristiesRealEstate) SALE PRICE: $2,145,485 UNITS: 4 ~ PPU: $536,371 NOTE: In Chicago, a multifamily property located at 641 West Fullerton Parkway was sold for $2,145,485, with each unit priced at approximately $536,371. Srinivasa Sirigiri of Provident Realty represented the buyer, while Ila Coretti of @properties Christie's International Real Estate represented the seller in this transaction. 'sInternationalRealEstate

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$114,425.87

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,622.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,170.69
Annual Debt Service$122,048.32