Updated Dec 21, 2023
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
About this deal
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.
The multifamily sale at 921 South Laflin Street, Chicago, Illinois 60607, United States in Chicago, Illinois sold for $2M in 2022. 921 South Laflin Street, Chicago, Illinois 60607, United States is classified as Multifamily on Traded. Maureen Rush, Giancarlo Iannotta, Mo2 Properties, Sotheby's International Realty appear on the sale alongside Mo2 Properties, Sotheby's International Realty. This page is the Chicago, Illinois file for the 921 South Laflin Street, Chicago, Illinois 60607, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 921 South Laflin Street, Chicago, Illinois 60607, United States around 2022. Published consideration for 921 South Laflin Street, Chicago, Illinois 60607, United States is $2M, dated 2022. Cite this Jameson Sotheby's International Realty Represents Buyer In $2 Million Multifamily Sale In Chicago's Laflin Street sale when underwriting similar multifamily product around Chicago, Illinois.
On the Map
$2,000,000
MultiFamily
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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