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Chicago Multifamily Property Sold For $1.5M With Buyer's Rep Susanna Cherubin-Delisi & Seller's Rep Joanna Hernandez & Sebastian Hernandez
SOLD
Illinois
See Similar DealsMultiFamily
Sold
SOLD
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
See Similar DealsMultiFamily
Sold
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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