Updated Dec 20, 2023
Jennifer Cummings Acquires Multifamily Property On W Diversey Pkwy In Chicago For $1.1M
1029 West Diversey Parkway, Chicago, IL 60614
$1,100,000
$274/SF
Building Size
4,002 SF
Asset Type
MultiFamily
Closing
Dec 22, 2021
About this deal
AI
The multifamily property located at 1029 W Diversey Pkwy in Chicago has been sold for $1,100,000. The sale took place on December 22, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Seller's Representative: Jennifer Cummings - Jameson Sotheby's Intl Realty
Jennifer Cummings from Jameson Sotheby's Intl Realty represented the seller in this transaction.
The multifamily sale at 1029 West Diversey Parkway, Chicago, IL 60614 in Chicago, Illinois sold for $1.1M in 2021. The building is 4,002 square feet, implying about 274 per square foot on the published price. Jennifer Cummings, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Chicago, Illinois file for the 1029 West Diversey Parkway, Chicago, IL 60614 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 1029 West Diversey Parkway, Chicago, IL 60614 around 2021. Published consideration for 1029 West Diversey Parkway, Chicago, IL 60614 is $1.1M, dated 2021. Cite this Jennifer Cummings Acquires Multifamily Property On W Diversey Pkwy In Chicago For $1.1M sale when underwriting similar multifamily product around Chicago, Illinois.
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jennifer Cummings to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93