Sam Dweydari's Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1.55M
SOLD
$1,550,000
Illinois
See Similar DealsMultiFamily4,037 SF
Sold 06/24/2021
SOLD
Sam Dweydari's Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1.55M
1134 West Wellington Avenue, Chicago, IL 60657, USA
See Similar DealsMultiFamily4,037 SF
Sold 06/24/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$383
Total Square Footage:4,037 SF
Transaction Type:Sale
A multifamily property located at 1134 W Wellington Ave in Chicago was recently sold for $1,550,000. The property consists of 5 units, with an average price per unit of $310,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Units: 5
- Price per Unit: $310,000
The buyer's representative for this transaction was Sam Dweydari from Berkshire Hathaway HomeServices, while the seller's representative was Mary Beirne from Dream Town Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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