Updated Dec 21, 2023
Halsted Taylor Real Estate Brokers The Sale Of A Multifamily Property At 7401 S Wabash Ave In Chicago For $1,579,000
7401 S Wabash Ave, Chicago, IL, USA
$1,579,000
$146/SF
Building Size
10,787 SF
Asset Type
MultiFamily
Closing
Aug 19, 2021
About this deal
AI
A multifamily property located at 7401 S Wabash Ave in Chicago has been recently sold for a total price of $1,579,000. The property is situated in a prime location in the Chicago market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,579,000
- Address: 7401 S Wabash Ave, Chicago
Leading the transaction was Anthony Golob from Halsted Taylor Real Estate, representing the buyer or seller in the deal.
The multifamily sale at 7401 S Wabash Ave, Chicago, IL, USA in Chicago, Illinois sold for $1.6M in 2021. The building is 10,787 square feet, implying about 146 per square foot on the published price. Named participants on the 7401 S Wabash Ave, Chicago, IL, USA sale are Anthony Golob. This page is the Chicago, Illinois file for the 7401 S Wabash Ave, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 7401 S Wabash Ave, Chicago, IL, USA around 2021. Published consideration for 7401 S Wabash Ave, Chicago, IL, USA is $1.6M, dated 2021. Cite this Halsted Taylor Real Estate Brokers The Sale Of A Multifamily Property At 7401 S Wabash Ave In Chicago For $1,579,000 sale when underwriting similar multifamily product around Chicago, Illinois.
Players
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
10.05%
Cash-on-Cash
-2.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93