Updated Dec 4, 2024
Evanston Multifamily Property Sold For $1.05M With Buyer's Rep Joseph Betancourt & Seller's Rep Greg Martin
8743 East Prairie Road & 45 East Prairie Road
$1,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 27, 2023
About this deal
AI
In Evanston, a multifamily property located at 8743 East Prairie Road was sold for $1,050,000. The transaction was facilitated with Joseph Betancourt of Betancourt Realty representing the buyer and Greg Martin of Coldwell Banker representing the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 8743 East Prairie Road, Evanston
- Market: Evanston
Joseph Betancourt of Betancourt Realty represented the buyer, while Greg Martin of Coldwell Banker represented the seller in this transaction.
The multifamily sale at 8743 East Prairie Road in Skokie, Illinois sold for $1.1M in 2023. 8743 East Prairie Road is classified as Multifamily on Traded. Greg Martin, Joseph (Joe) Betancourt, Coldwell Banker, Betancourt Realty appear on the sale alongside Coldwell Banker, Betancourt Realty. This page is the Skokie, Illinois file for the 8743 East Prairie Road multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Skokie sit in the Market section below. Filter that Skokie multifamily set by closing date to see what else sold near 8743 East Prairie Road around 2023. Published consideration for 8743 East Prairie Road is $1.1M, dated 2023. Cite this Evanston Multifamily Property Sold For $1.05M With Buyer's Rep Joseph Betancourt & Seller's Rep Greg Martin sale when underwriting similar multifamily product around Skokie, Illinois.
On the Map
$1,050,000
MultiFamily
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Players
Skokie 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93