Updated Dec 19, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $2.06M
1508 W Addison St
$2,059,000
$362/SF
Building Size
5,684 SF
Asset Type
MultiFamily
Closing
Mar 11, 2021
About this deal
AI
The multifamily property located at 1508 W Addison St in Chicago has been sold for a total price of $2,059,000. The property consists of 4 units, resulting in a price per unit (PPU) of $514,750.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,059,000
- Address: 1508 W Addison St
- Market: Chicago
- Units: 4
- PPU: $514,750
The buyer's representative in this transaction was Jane Domurot from Berkshire Hathaway HomeServices Chicago, while the seller's representative was Jamie Connor from Jameson Sotheby's Intl Realty.
On the Map
$2,059,000
$362/SF
MultiFamily
View full map
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jamie Connor to view all their deals.
Browse Chicago multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.70%
Cash-on-Cash
-2.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93