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709 South Ada Street

Multifamily Property At 709 South Ada Street In Chicago Sold For $2.2M With Buyer's Rep Paul De Legge & Seller's Rep Joshua Krueger
SOLDMultiFamily

Multifamily Property At 709 South Ada Street In Chicago Sold For $2.2M With Buyer's Rep Paul De Legge & Seller's Rep Joshua Krueger

709 South Ada Street

$2,200,000

Building Size

Asset Type

MultiFamily

Closing

Nov 17, 2023

AI

The multifamily property located at 709 South Ada Street in Chicago has been sold for a total price of $2,200,000. This property is characterized as a multifamily asset and was sold in a closed transaction.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Address: 709 South Ada Street, Chicago
  • Market: Chicago

In this transaction, Paul De Legge from CL3 Property Management represented the buyer, and Joshua Krueger from Campbell Street Asset Management Inc represented the seller.

It is important to note that these details were obtained from the closed transaction and provide a comprehensive overview of this multifamily property sale.

Players

Joshua Krueger

Campbell Street Asset Management

Broker

$2.2M

vol

1 deal

Broker

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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93