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
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.
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
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93