Essex Realty Brokers Sell Multifamily Property In Harwood Heights, IL For $740,000
6805 West Montrose Avenue, Harwood Heights, Illinois, USA
$740,000
$140/SF
Building Size
5,270 SF
Asset Type
MultiFamily
Closing
Oct 29, 2021
AI
An multifamily property located at 6805 W. Montrose Avenue in Harwood Heights, IL was sold on 10/29/2021. The property consists of 6 units, with a sale price of $740,000. This translates to a price per unit of $123,333.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $740,000
- Address: 6805 W. Montrose Avenue
- Market: Harwood Heights, IL
- Brokers: Derek Kaptanoglu, Jim Darrow, Jordan Gottlieb, Clay Maxfield - Essex Realty
- Units: 6
- Price Per Unit: $123,333
The deal was facilitated by brokers Derek Kaptanoglu, Jim Darrow, Jordan Gottlieb, and Clay Maxfield from Essex Realty.
Players
Harwood Heights MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
21.44%
Cash-on-Cash
-6.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93