Updated Dec 21, 2023
Adam Adamczyk Of Ziggy Realty And Builders Acquires River Grove Multifamily For $1.18M
8146 Walsh Ln, River Grove, IL, USA
$1,180,000
$135/SF
Building Size
8,700 SF
Asset Type
MultiFamily
Closing
Mar 10, 2021
About this deal
AI
Located in the River Grove market, the multifamily property at 8146 & 8150 Walsh Ln has recently been sold. The transaction took place on 03/11/2021 and was facilitated by Jacek Piktel from Dream Town Realty, who represented the seller. The buyer was represented by Adam Adamczyk from Ziggy Realty and Builders. The property consists of 12 units and spans across 8,700 square feet. The sale price for this transaction was $1,180,000, resulting in a price per square foot of $136. On average, each unit was sold for approximately $98,333.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Address: 8146 & 8150 Walsh Ln
- Market: River Grove
- Buyer's Rep: Adam Adamczyk - Ziggy Realty and Builders
- Seller's Rep: Jacek Piktel - Dream Town Realty
- Square Footage: 8,700
- Price per Square Foot: $136
- Units: 12
- Price per Unit: $98,333
With the successful sale of this multifamily property, both the buyer and seller were effectively represented by their respective brokers, Adam Adamczyk and Jacek Piktel. This transaction highlights the expertise and negotiation skills of these professionals in the River Grove market.
Players
River Grove 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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93