Mark M Zipperer Acquires Multifamily Property On 905 W Lawrence Ave In Chicago For $1.45M
905 West Lawrence Avenue, Chicago, IL 60640
$1,450,000
$302/SF
Building Size
4,792 SF
Asset Type
MultiFamily
Closing
Jan 6, 2022
AI
The multifamily property located at 905 W Lawrence Ave in Chicago has been sold for a price of $1,450,000. The property has a lot size of 4,792 square feet, resulting in a price per square foot of $303.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Lot Size: 4,792 square feet
- Price Per Square Foot: $303
- Address: 905 W Lawrence Ave, Chicago
The buyer of the property was represented by Mark M Zipperer from RE/MAX Next, while Andrew Mckendry from McRealty Chicago LLC acted as the seller's representative.
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93