Randy Nasatir & Jeremy Steward Sell Multifamily Property For $1.06M In Chicago
SOLD
$1,060,000
Illinois
See Similar DealsMultiFamily2,900 SF
Sold 03/01/2021
SOLD
Randy Nasatir & Jeremy Steward Sell Multifamily Property For $1.06M In Chicago
917 W Montana St, Chicago, IL, USA
See Similar DealsMultiFamily2,900 SF
Sold 03/01/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$365
Total Square Footage:2,900 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$56,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,765.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,024.94
Annual Debt Service$60,299.29
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