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Julia Alexander & John Grafft Close $1.15M Multifamily Sale In Chicago
SOLD
Illinois
See Similar DealsMultiFamily
Sold 05/09/2024
SOLD
Julia Alexander & John Grafft Close $1.15M Multifamily Sale In Chicago
7101-05 West Foster Place
See Similar DealsMultiFamily
Sold 05/09/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 7101 West Foster Place in Chicago was sold for $1,150,000. The property consists of six units, resulting in a per unit price of $191,667.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 7101-05 West Foster Place
- Market: Chicago
- Buyer's Rep: Julia Alexander - Keller Williams
- Seller's Rep: John Grafft - Compass
- Units: 6
- PPU: $191,667
The sale of 7101 West Foster Place in Chicago was facilitated by Julia Alexander from Keller Williams, representing the buyer, and John Grafft from Compass, representing the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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