Updated Sep 9, 2024
Interra Realty Sells 5-Unit Multifamily Property In West Town, Chicago
1401 West Hubbard Street
$1,985,000
Units
5
Asset Type
MultiFamily
Closing
Sep 14, 2022
About this deal
AI
A multifamily property located at 1401 W Hubbard St in West Town, Chicago, has been sold for $1,985,000. The property consists of 5 units, with an average price per unit of $397,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,985,000
- Address: 1401 W Hubbard St, West Town, Chicago
- Market: West Town, Chicago
- Broker: Harrison Pinkus - Interra Realty
- Units: 5
- Price per Unit: $397,000
Harrison Pinkus of Interra Realty represented the parties involved in the transaction.
The multifamily sale at 1401 West Hubbard Street in Chicago, Illinois sold for $2M in 2022. Reported inventory is 5 units across 5 units. Harrison Pinkus, Interra Realty appear on the sale alongside Interra Realty. This page is the Chicago, Illinois file for the 1401 West Hubbard Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 1401 West Hubbard Street around 2022. Published consideration for 1401 West Hubbard Street is $2M, dated 2022. Cite this Interra Realty Sells 5-Unit Multifamily Property In West Town, Chicago sale when underwriting similar multifamily product around Chicago, Illinois.
On the Map
$1,985,000
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
7.99%
Cash-on-Cash
-2.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93