Sam Dweydari's Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1.55M
1134 West Wellington Avenue, Chicago, IL 60657, USA
$1,550,000
$383/SF
Building Size
4,037 SF
Asset Type
MultiFamily
Closing
Jun 24, 2021
AI
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.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93