Interra Realty Brokers $1M Sale Of 18-Unit Multifamily Property In Auburn Gresham, Chicago
8056 South Paulina Street, Chicago, Illinois 60620, United States
$1,000,000
$66/SF
Building Size
15,000 SF
Asset Type
MultiFamily
Closing
Feb 21, 2022
AI
Located in Auburn Gresham, Chicago, the multifamily property at 8056 S Paulina St has recently been sold. The transaction took place on February 22, 2022, with a sale price of $1,000,000. This property consists of 18 units, providing ample housing options for its residents.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Market: Auburn Gresham, Chicago
- Address: 8056 S Paulina St
- Brokers: Lucas Fryman & Max Grossman - Interra Realty
- Date: 02/22/2022
Lucas Fryman and Max Grossman from Interra Realty played a crucial role as brokers in facilitating this transaction.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93