Updated Dec 19, 2023
Hometown Real Estate Group Acquires Multifamily Property In Chicago For $1.05M
1442 W Chestnut St, Chicago, IL, USA
$1,050,000
$226/SF
Building Size
4,640 SF
Asset Type
MultiFamily
Closing
Aug 18, 2021
About this deal
AI
The multifamily property located at 1442 W Chestnut St in Chicago has been sold. The sale took place on August 19, 2021. The property was purchased for a total sale price of $1,050,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 1442 W Chestnut St, Chicago
Nikita Doroff from Hometown Real Estate Group LLC represented the buyer in this transaction, while Deborah McIntyre from Tanis Group Realty represented the seller.
The multifamily sale at 1442 W Chestnut St, Chicago, IL, USA in Chicago, Illinois sold for $1.1M in 2021. The building is 4,640 square feet, implying about 226 per square foot on the published price. Named participants on the 1442 W Chestnut St, Chicago, IL, USA sale are Deborah McIntyre, Nikita Doroff. This page is the Chicago, Illinois file for the 1442 W Chestnut St, Chicago, IL, USA 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 1442 W Chestnut St, Chicago, IL, USA around 2021. Published consideration for 1442 W Chestnut St, Chicago, IL, USA is $1.1M, dated 2021. Cite this Hometown Real Estate Group Acquires Multifamily Property In Chicago For $1.05M sale when underwriting similar multifamily product around Chicago, Illinois.
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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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93