Updated Dec 21, 2023
ReMax Top Properties Represents $1.2M Sale Of Multifamily Property In Chicago
8015 South Wood Street, Chicago, IL 60620
$1,200,000
$61/SF
Building Size
19,464 SF
Asset Type
MultiFamily
Closing
Nov 17, 2021
About this deal
AI
A multifamily property located at 8009-8015 S Wood St in Chicago was recently sold for $1,200,000. The property spans 0.25 acres and has a total square footage of 19,464. The sale price per square foot was $62.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 8009-8015 S Wood St, Chicago
- Market: Chicago
- Acres: 0.25
The transaction was facilitated by Philip Howell from ReMax Top Properties. As the broker for the deal, Philip Howell represented the interests of the involved parties.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93