Updated Dec 21, 2023
Berkshire Hathaway Home Services Chicago Acquires Multifamily Property In Chicago For $1.94M
1044 W Diversey Pkwy, Chicago, IL, USA
$1,942,500
$621/SF
Building Size
3,125 SF
Asset Type
MultiFamily
Closing
Feb 1, 2021
About this deal
AI
The multifamily property located at 1044 W Diversey Pkwy in Chicago has been sold for a price of $1,942,500. The property consists of 3 units, making the price per unit $647,500. The transaction took place on February 2, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,942,500
- Units: 3
- Price per Unit: $647,500
Danielle Dowell from Berkshire Hathaway Home Services Chicago represented the buyer, while the seller was represented by Anne Kavanaugh from Compass.
The multifamily sale at 1044 W Diversey Pkwy, Chicago, IL, USA in Chicago, Illinois sold for $1.9M in 2021. Reported inventory is 3,125 square feet across 3 units, or about 621 per square foot. Anne Kavanaugh, Danielle Dowell, Berkshire Hathaway HomeServices, Compass appear on the sale alongside Berkshire Hathaway HomeServices, Compass. This page is the Chicago, Illinois file for the 1044 W Diversey Pkwy, Chicago, IL, USA 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 1044 W Diversey Pkwy, Chicago, IL, USA around 2021. Published consideration for 1044 W Diversey Pkwy, Chicago, IL, USA is $1.9M, dated 2021. Cite this Berkshire Hathaway Home Services Chicago Acquires Multifamily Property In Chicago For $1.94M sale when underwriting similar multifamily product around Chicago, Illinois.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
About $621 per square foot on a published $1.9M for 3,125 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.17%
Cash-on-Cash
-2.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93