Interra Realty Brokers $535K Multifamily Sale In South Chicago
SOLD
$535,000
Illinois
See Similar DealsMultiFamily
Sold 02/25/2022
SOLD
Interra Realty Brokers $535K Multifamily Sale In South Chicago
9006 South Escanaba Avenue, Chicago, Illinois 60617, United States
See Similar DealsMultiFamily
Sold 02/25/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$28,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,900.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,536.17
Annual Debt Service$30,434.08
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