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1505 N Hudson Ave, Chicago,...

Updated Dec 21, 2023

Berkshire Hathaway HomeServices Acquires Multifamily In Chicago For $1.725M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Multifamily In Chicago For $1.725M

1505 N Hudson Ave, Chicago, IL, USA

$1,725,000

$565/SF

Building Size

3,049 SF

Asset Type

MultiFamily

Closing

Aug 10, 2021

About this deal

AI

A multifamily property located at 1505 N Hudson Ave in Chicago has been sold in a recent transaction. The property has a lot size of 3,100 square feet.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,725,000
  • Address: 1505 N Hudson Ave
  • Market: Chicago
  • Lot Size: 3,100 square feet

The buyer in this transaction was represented by Sam Dweydari from Berkshire Hathaway HomeServices Chicago, while the seller was represented by Roman Serra from Fulton Grace Realty.

The multifamily sale at 1505 N Hudson Ave, Chicago, IL, USA in Chicago, Illinois sold for $1.7M in 2021. The building is 3,049 square feet, implying about 565 per square foot on the published price. Sam Dweydari, Roman Serra, Fulton Grace Realty, Berkshire Hathaway HomeServices appear on the sale alongside Fulton Grace Realty, Berkshire Hathaway HomeServices. This page is the Chicago, Illinois file for the 1505 N Hudson Ave, 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 1505 N Hudson Ave, Chicago, IL, USA around 2021. Published consideration for 1505 N Hudson Ave, Chicago, IL, USA is $1.7M, dated 2021. Cite this Berkshire Hathaway HomeServices Acquires Multifamily In Chicago For $1.725M sale when underwriting similar multifamily product around Chicago, Illinois.

Players

Sam Dweydari

Berkshire Hathaway HomeServices

Broker

$3.3M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $565 per square foot on a published $1.7M for 3,049 square feet (2021).

Visit Sam Dweydari to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.20%

Cash-on-Cash

-2.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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