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Peter Vitogiannis Acquires Multifamily Asset At 1128 West Diversey Parkway For $1.64M

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SOLD
$1,640,000

Illinois

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MultiFamily7,500 SF
Sold 10/31/2024
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Property Image
SOLD

Peter Vitogiannis Acquires Multifamily Asset At 1128 West Diversey Parkway For $1.64M

1128 West Diversey Parkway

See Similar Deals
MultiFamily7,500 SF
Sold 10/31/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$218
Total Square Footage:7,500 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 1128 West Diversey Parkway in the Chicago market. It was sold for $1,640,000, featuring 7 units with a price per unit of $234,285. The total square footage of the property is 7,500, leading to a price per square foot of $218.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,640,000
  • Units: 7
  • Price Per Unit: $234,285
  • Square Footage: 7,500
  • Price Per Square Foot: $218
  • Buyer: Peter Vitogiannis
  • Seller: Linda A. Tidwell, Successor Trustee of the Paul O. Tidwell Trust
  • Brokers: Sheryl Fisher, Benjamin Miotti & James Hodur - Coldwell Banker

The key individuals in this transaction include the buyer, Peter Vitogiannis, and the seller, Linda A. Tidwell, who serves as the Successor Trustee of the Paul O. Tidwell Trust. The deal was facilitated by brokers Sheryl Fisher, Benjamin Miotti, and James Hodur from Coldwell Banker, representing the parties involved in this transaction.

Players

Benjamin Miotti
27 deals$33.9M volume(847) 219-3594
BROKER

James Hodur
Coldwell Banker
27 deals$29.6M volume
BROKER

Sheryl Fisher
Coldwell Banker
1 deal$1.6M volume(312) 988-9070
BROKER

Details

SOLD
IMAGE: Sheryl Fisher, Benjamin Miotti & James Hodur DATE: 10/31/2024 ADDRESS: 1128 West Diversey Parkway MARKET: Chicago ASSET TYPE: Multifamily BUYER: Peter Vitogiannis SELLER: Linda A. Tidwell, Successor Trustee of the Paul O. Tidwell Trust BROKERS: Sheryl Fisher, Benjamin Miotti & James Hodur (@JamesHodur) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,640,000 UNITS: 7 ~ PPU: $234,285 SF: 7,500 ~ PPSF: $218

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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