facebook
Traded Co logo
Submit

Dream Town Realty Acquires Multifamily Property In Chicago For $1.03M

Property Image
SOLD
$1,030,000

Illinois

See Similar Deals
MultiFamily3,150 SF
Sold 02/07/2022
the dealplayerscompscontact
Property Image
SOLD

Dream Town Realty Acquires Multifamily Property In Chicago For $1.03M

815 North Fairfield Avenue, Chicago, Illinois 60622, United States

See Similar Deals
MultiFamily3,150 SF
Sold 02/07/2022
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$327
Total Square Footage:3,150 SF
Transaction Type:Sale

815 N Fairfield Ave, located in Chicago, has been sold in a closed transaction. The multifamily property was sold for a price of $1,030,000. The lot size of the property is approximately 3,150 square feet, resulting in a price-per-square-foot (PPLSF) of $327. The sale took place on February 7th, 2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,030,000
  • Address: 815 N Fairfield Ave
  • Market: Chicago
  • Lot Size: 3,150 square feet
  • Price-per-square-foot (PPLSF): $327

Mitir A Patel, representing Dream Town Realty, acted as the buyer's representative in this transaction. The seller's representative was Rich Anselmo Properties.

Players

Richard (Rich) Anselmo
5 deals$5.4M volume
BROKER

Mitir A. Patel
Dream Town Realty
5 deals$5.6M volume
BROKER

Details

SOLD
IMAGE: Mitir A Patel DATE: 02/07/2022 ADDRESS: 815 N Fairfield Ave MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Mitir A Patel - Dream Town Realty SELLER'S REP: Rich Anselmo - @properties SALE PRICE: $1,030,000 LOT SF: 3,150 ~ PPLSF: $327

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$54,933.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,659.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,882.73
Annual Debt Service$58,592.71