Updated Dec 19, 2023
Interra Realty Brokers $535K Multifamily Sale In South Chicago
9006 South Escanaba Avenue, Chicago, Illinois 60617, United States
$535,000
Units
7
Asset Type
MultiFamily
Closing
Feb 24, 2022
About this deal
AI
A multifamily property located at 9006-08 S. Escanaba Ave in South Chicago has been sold. The property, consisting of 7 units, was sold on 02/25/2022 for a total price of $535,000. The sale was facilitated by brokers Lucas Fryman, Max Grossman, and Sam Gutierrez from Interra Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $535,000
- Address: 9006-08 S. Escanaba Ave
- Market: South Chicago
- Units: 7
The sale of this multifamily property in South Chicago was handled by brokers Lucas Fryman, Max Grossman, and Sam Gutierrez from Interra Realty. Their expertise and knowledge of the market contributed to the successful transaction.
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
29.65%
Cash-on-Cash
-8.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93