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Century 21 Circle Represents Buyer In $1.4M Sale Of Bridgeview Multifamily
SOLD
$1,395,000
Illinois
See Similar DealsMultiFamily
Sold 11/01/2023
SOLD
Century 21 Circle Represents Buyer In $1.4M Sale Of Bridgeview Multifamily
7050 West 87th Street
See Similar DealsMultiFamily
Sold 11/01/2023
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,956.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,613.01
Annual Debt Service$79,356.14
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