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7101-05 West Foster Place

Julia Alexander & John Grafft Close $1.15M Multifamily Sale In Chicago
SOLDMultiFamily

Julia Alexander & John Grafft Close $1.15M Multifamily Sale In Chicago

7101-05 West Foster Place

$1,150,000

Building Size

Asset Type

MultiFamily

Closing

May 9, 2024

AI

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.

Players

John Grafft

Compass

Broker

$4M

vol

3 deals

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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93