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7050 West 87th Street

Updated Dec 4, 2024

Century 21 Circle Represents Buyer In $1.4M Sale Of Bridgeview Multifamily
SOLDMultiFamily

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

John Ligas

Housecenter Realty

Broker

$1.4M

vol

1 deal

Broker

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

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