Updated Dec 4, 2024
Julia Alexander & John Grafft Close $1.15M Multifamily Sale In Chicago
7101-05 West Foster Place
$1,150,000
Units
6
Asset Type
MultiFamily
Closing
May 9, 2024
About this deal
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.
On the Map
$1,150,000
MultiFamily
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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