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.
On the Map
$1,375,000
$415/SF
MultiFamily
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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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93