Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires River Forest Multifamily For $1.45M
1447 Bonnie Brae Pl, River Forest, IL, USA
$1,450,000
$225/SF
Building Size
6,419 SF
Asset Type
MultiFamily
Closing
May 18, 2020
About this deal
AI
A multifamily property located at 1447 Bonnie Brae Pl in River Forest, IL, has been sold for $1,450,000. The property consists of 6 units with a price per unit (PPU) of $241,667. The total square footage is 6,419, with a price per square foot (PPSF) of $226.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Units: 6
- PPU: $241,667
- SF: 6,419
- PPSF: $226
The buyer's representative in this deal was Nicole Alfred-Napper from Kale Realty. On the other side, Zachary Knebel & Camille Hoover from Berkshire Hathaway HomeServices Chicago represented the seller.
Players
River Forest 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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93