Updated Dec 21, 2023
Multifamily Property Sold In Chicago For $3.1M With Diana Soldo Massaro - Dream Town Realty
662-664 West Wellington Avenue, Chicago, IL, USA
$3,124,125
$326/SF
Building Size
9,583 SF
Asset Type
MultiFamily
Closing
May 12, 2021
About this deal
AI
Diana Soldo Massaro of Dream Town Realty represented the buyer and seller in the sale of a multifamily property located at 662-664 W Wellington Ave in Chicago. The transaction closed on May 13, 2021, with a sale price of $3,124,125.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,124,125
- Date: 05/13/2021
- Address: 662-664 W Wellington Ave, Chicago
- Broker: Diana Soldo Massaro - Dream Town Realty
This transaction involved the sale of a multifamily property in Chicago. Diana Soldo Massaro of Dream Town Realty represented both the buyer and seller in the deal, ensuring a successful closing at a sale price of $3,124,125.
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
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93