Jameson Sotheby's International Realty Represents Buyer In $2 Million Multifamily Sale In Chicago's Laflin Street
SOLD
$2,000,000
Illinois
See Similar DealsMultiFamily
Sold 02/08/2022
SOLD
Jameson Sotheby's International Realty Represents Buyer In $2 Million Multifamily Sale In Chicago's Laflin Street
921 South Laflin Street, Chicago, Illinois 60607, United States
See Similar DealsMultiFamily
Sold 02/08/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 921-925 S Laflin St in Chicago has been sold for $2,000,000. The sale took place on 02/08/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 921-925 S Laflin St, Chicago
- Market: Chicago
The buyer's representative in this transaction was Maureen Rush from Jameson Sotheby's International Realty. Giancarlo Iannotta from Mo2 Brokerage LLC represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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