Updated Dec 4, 2024
Century 21 Circle Represents Buyer In $1.4M Sale Of Bridgeview Multifamily
7050 West 87th Street
$1,395,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 1, 2023
About this deal
AI
In Bridgeview, a multifamily property located at 7050 West 87th Street has been sold for $1,395,000. The property spans 0.42 acres and is situated in the Bridgeview market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,395,000
- Address: 7050 West 87th Street
- Market: Bridgeview
- Acres: 0.42
Gloria Nowaczyk of Century 21 Circle represented the buyer in this transaction, while John Ligas of Housecenter Realty, Inc. represented the seller.
Note: Gloria Nowaczyk from Century 21 Circle acted as the buyer's representative, and John Ligas from Housecenter Realty, Inc. acted as the seller's representative.
Players
Bridgeview 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
11.37%
Cash-on-Cash
-3.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93