Chicago Multifamily Property Sold For $1.5M With Buyer's Rep Susanna Cherubin-Delisi & Seller's Rep Joanna Hernandez & Sebastian Hernandez
847 West Ainslie Street
$1,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 3, 2023
AI
A multi-family property located at 847 West Ainslie Street in Chicago has been sold for $1.5 million. This property consists of 6 units, with each unit priced at an average of $250,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Units: 6
- Price Per Unit: $250,000
- Address: 847 West Ainslie Street, Chicago
- Market: Chicago
Susanna Cherubin-Delisi from Compass represented the buyer in this transaction, while Joanna Hernandez and Sebastian Hernandez from Greater Chicago Real Estate Inc represented the sellers.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93