Fulton Street Cos Acquires Multifamily Property In Chicago For $49M
SOLD
Illinois
See Similar DealsMultiFamily530 SF
SOLD
Fulton Street Cos Acquires Multifamily Property In Chicago For $49M
910 West Lake Street
See Similar DealsMultiFamily530 SF
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$92,452
Total Square Footage:530 SF
Transaction Type:Sale
The multifamily property located at 910 West Lake Street in Chicago has been sold at a price of $49,000,000. The property spans approximately 530,000 square feet, resulting in a price per square foot of $92.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $49,000,000
- Address: 910 West Lake Street
- Market: Chicago
- Buyer: Fulton Street Cos - Alex Najem; Shanna Khan
- Seller: Pat Fitzgerald
The buyers involved in this transaction are Fulton Street Cos represented by Alex Najem and Shanna Khan. The seller is Pat Fitzgerald.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,613,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$174,086.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$232,285.00
Annual Debt Service$2,787,419.98
Is there something missing? Send suggestions