Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1.14M
1434 West Diversey Parkway, Chicago, IL 60614
$1,140,000
$364/SF
Building Size
3,125 SF
Asset Type
MultiFamily
Closing
May 6, 2021
About this deal
AI
1434 W Diversey Pkwy in Chicago has been sold for $1,140,000. This multifamily property was sold on 05/07/2021. Cindy Wilson from Berkshire Hathaway HomeServices Chicago represented the buyer, while Milenko Miljevic from Coldwell Banker Realty represented the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,140,000
- Address: 1434 W Diversey Pkwy, Chicago
- Market: Chicago
Cindy Wilson, a representative of Berkshire Hathaway HomeServices Chicago, assisted the buyer in this transaction. Meanwhile, Milenko Miljevic, from Coldwell Banker Realty, represented the seller.
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
13.91%
Cash-on-Cash
-3.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93