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Interra Realty Sells Ukrainian Village Multifamily For $2.5M

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SOLD
$2,500,000

Illinois

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MultiFamily
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Property Image
SOLD

Interra Realty Sells Ukrainian Village Multifamily For $2.5M

906 North Damen Avenue

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MultiFamily
Sold
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 906-908 N Damen Ave in Ukrainian Village has been sold. The transaction was facilitated by Interra Realty, with Brad Feldman and Jeremy Morton representing the deal. The sale price for the property was $2,500,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Address: 906-908 N Damen Ave
  • Market: Ukrainian Village

The brokers from Interra Realty, Brad Feldman and Jeremy Morton, played a key role in the sale of this multifamily property in Ukrainian Village.

Players

Brad Feldman
36 deals$282.9M volume
BROKER

Jeremy Morton
Interra Realty
25 deals$85.4M volume
BROKER

Details

SOLD
IMAGE: Jeremy Morton & Brad Feldman DATE: 08/30/2022 ADDRESS: 906-908 N Damen Ave MARKET: Ukrainian Village ASSET TYPE: Multifamily BROKERS: Brad Feldman (@BSFeldman) & Jeremy Morton (@JMorton22) - Interra Realty (@InterraRealty) SALE PRICE: $2,500,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$133,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31