Updated Dec 20, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property On N Bosworth St In Chicago For $1.42M
1424 North Bosworth Avenue, Chicago, IL, USA
$1,425,000
$237/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Nov 15, 2021
About this deal
AI
On November 15, 2021, a multifamily property located at 1424 N Bosworth St in Chicago was sold for $1,425,000. The property spans 6,000 square feet, resulting in a price per square foot of $238. The lot size is 6,250 square feet, equating to a price per lot square foot of $228.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,425,000
- Square Footage: 6,000
- Price per Square Foot (PPSF): $238
- Lot Size: 6,250 square feet
- Price per Lot Square Foot (PPLSF): $228
- Address: 1424 N Bosworth St, Chicago
Ariel Marini from Continuum RE Brokers represented the buyer in this transaction, while the seller was represented by Carolyn Anavi from Berkshire Hathaway HomeServices Chicago.
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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93