Updated Dec 21, 2023
Paul Waterloo, Patrick Kennelly & Michael Duckler Sell Bridgeview Multifamily For $1.8M
7315 West 71st Street, Bridgeview, IL, USA
$1,829,000
$64/SF
Building Size
28,300 SF
Asset Type
MultiFamily
Closing
Jul 12, 2021
About this deal
AI
A multifamily property located at 7315 W 71st St in Bridgeview has been sold for a price of $1,829,000. The transaction took place on 07/13/2021. The property consists of 18 units, with a per unit price of $101,611.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,829,000
- Address: 7315 W 71st St, Bridgeview
- Market: Bridgeview
- Brokers: Paul Waterloo, Patrick Kennelly, and Michael Duckler
- Units: 18
- Per Unit Price: $101,611
The deal was facilitated by Paul Waterloo, Patrick Kennelly, and Michael Duckler, who represented the involved parties during the transaction.
Players
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
8.67%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93