Interra Realty Brokers $1.9M Multifamily Sale In Park Manor, Chicago
SOLD
$1,900,000
Illinois
See Similar DealsMultiFamily
Sold 06/14/2022
SOLD
Interra Realty Brokers $1.9M Multifamily Sale In Park Manor, Chicago
7027 South Indiana Avenue, Chicago, Illinois 60637, United States
See Similar DealsMultiFamily
Sold 06/14/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
7027-7033 S Indiana Ave in Park Manor, Chicago has been sold for $1,900,000 in a recent transaction. The property is a multifamily asset that was sold on 06/14/2022. The sale was facilitated by Brad Feldman and Ted Stratman of Interra Realty.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Date: 06/14/2022
- Address: 7027-7033 S Indiana Ave, Park Manor, Chicago
- Market: Park Manor, Chicago
Brad Feldman and Ted Stratman from Interra Realty played a key role in the sale of this multifamily property in Park Manor, Chicago.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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