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917 W Montana St, Chicago, ...

Randy Nasatir & Jeremy Steward Sell Multifamily Property For $1.06M In Chicago
SOLDMultiFamily

Randy Nasatir & Jeremy Steward Sell Multifamily Property For $1.06M In Chicago

917 W Montana St, Chicago, IL, USA

$1,060,000

$365/SF

Building Size

2,900 SF

Asset Type

MultiFamily

Closing

Feb 28, 2021

AI

The multifamily property located at 917 W Montana St in Chicago was sold for $1,060,000 on 03/01/2021. This property was acquired through a sale transaction. The buyers were represented by Tammy Morehouse from Baird & Warner, while the sellers were Randy Nasatir & Jeremy Steward Properties.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,060,000
  • Address: 917 W Montana St, Chicago
  • Market: Chicago

Tammy Morehouse from Baird & Warner represented the buyers in this transaction. The sellers, Randy Nasatir & Jeremy Steward Properties, played the role of the sellers' representatives. The sale of this property marks a significant deal in the Chicago market.

Players

Jeremy Steward

At Properties Commercial

Broker

$1.1M

vol

1 deal

Broker

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

14.97%

Cash-on-Cash

-4.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93