Parkvue Realty Corporation Acquires Multifamily Property In Elgin, IL For $1.12M
SOLD
$1,120,000
Illinois
See Similar DealsMultiFamily700 SF
Sold 05/18/2020
SOLD
Parkvue Realty Corporation Acquires Multifamily Property In Elgin, IL For $1.12M
831 Bode Rd, Elgin, IL, USA
See Similar DealsMultiFamily700 SF
Sold 05/18/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$1,600
Total Square Footage:700 SF
Transaction Type:Sale
A multifamily property located at 831 Bode Rd in Elgin, IL was recently sold for a total of $1,120,000. The property consists of 16 units, resulting in a price per unit of $70,000. The sale took place on 05/18/2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,120,000
- Units: 16
- Price Per Unit: $70,000
- Date: 05/18/2021
- Address: 831 Bode Rd, Elgin, IL
Ashoor Youmara, representing Parkvue Realty Corporation, acted as the buyer's representative in this transaction. Jee Ramangkoun, from Executive Realty Group LLC, represented the seller. Both individuals played crucial roles in facilitating the deal.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$59,733.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,979.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,309.37
Annual Debt Service$63,712.46
Is there something missing? Send suggestions