Charles Rutenberg Realty's Kirsten Stumpf Acquires Multifamily Property In Rosemont For $1.46M
9512 Glenlake Avenue, Rosemont, IL, USA
$1,460,000
$1,460/SF
Building Size
1,000 SF
Asset Type
MultiFamily
Closing
Jan 21, 2021
AI
A multifamily property located at 9512 Glenlake Avenue in Rosemont has recently been sold for $1,460,000. The property consists of 17 units, with a price per unit of $85,882. The transaction took place on January 22, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,460,000
- Address: 9512 Glenlake Avenue, Rosemont
- Market: Rosemont
- Units: 17
- Price per Unit: $85,882
- Buyer's Rep: Kirsten Stumpf - Charles Rutenberg Realty
- Seller's Rep: Phil Mistrata - Dream Town Realty
Kirsten Stumpf from Charles Rutenberg Realty represented the buyer in this transaction, while Phil Mistrata from Dream Town Realty represented the seller.
Players
Rosemont MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.87%
Cash-on-Cash
-3.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93