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
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.
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
8.17%
Cash-on-Cash
-2.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93