Interra Realty Brokers $1.9M Multifamily Sale In Park Manor, Chicago
7027 South Indiana Avenue, Chicago, Illinois 60637, United States
$1,900,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 13, 2022
AI
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.
Players
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93