Updated Dec 21, 2023
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
About this deal
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.
On the Map
$1,460,000
$1,460/SF
MultiFamily
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Players
Rosemont 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
10.87%
Cash-on-Cash
-3.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93