SOLDMultiFamily
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
$2,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 7, 2022
AI
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.
Players
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93