Updated Dec 19, 2023
Berkshire Hathaway Acquires Multifamily Property In Chicago For $1.375M
1346 North Bosworth Avenue, Chicago, IL 60642
$1,375,000
$415/SF
Building Size
3,312 SF
Asset Type
MultiFamily
Closing
Dec 20, 2021
About this deal
AI
The multifamily property located at 1346 N Bosworth Ave in Chicago has been sold in a recent transaction. The sale took place on 12/20/2021, with a purchase price of $1,375,000. The property consists of 4 units, resulting in a price per unit (PPU) of $343,750. The lot size is 3,312 square feet, with a price per square foot (PPLSF) of $415.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,375,000
- Units: 4
- Price per Unit (PPU): $343,750
- Lot Size: 3,312 square feet
- Price per Square Foot (PPLSF): $415
Brad Magnant from Guidance Realty represented the buyer in this transaction, while Tony Muno from Berkshire Hathaway HomeServices American Heritage Real Estate represented the seller.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Tony Muno to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93