Updated Dec 4, 2024
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
Units
6
Asset Type
MultiFamily
Closing
Oct 3, 2023
About this deal
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.
On the Map
$1,500,000
MultiFamily
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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