Berkshire Hathaway HomeServices Acquires Multifamily In Chicago For $1.725M
SOLD
$1,725,000
Illinois
See Similar DealsMultiFamily3,049 SF
Sold 08/11/2021
SOLD
Berkshire Hathaway HomeServices Acquires Multifamily In Chicago For $1.725M
1505 N Hudson Ave, Chicago, IL, USA
See Similar DealsMultiFamily3,049 SF
Sold 08/11/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$565
Total Square Footage:3,049 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$91,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,128.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,177.38
Annual Debt Service$98,128.56
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