Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $2.45M
161 West Schiller Street, Chicago, IL 60610
$2,450,000
$1,689/SF
Building Size
1,450 SF
Asset Type
MultiFamily
Closing
Jul 15, 2020
About this deal
AI
The multifamily property located at 161 W Schiller St in Chicago has been sold for a price of $2,450,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,450,000
- Date: 07/15/2021
- Market: Chicago
The buyer's representative in this transaction was Jane Domurot from Berkshire Hathaway HomeServices Chicago, while the seller's representative was Kevin Schnell from MO2 Brokerage LLC.
The multifamily sale at 161 West Schiller Street, Chicago, IL 60610 in Chicago, Illinois sold for $2.5M in 2020. The building is 1,450 square feet, implying about 1.7K per square foot on the published price. Kevin Schnell, Jane Domurot, Berkshire Hathaway HomeServices appear on the sale alongside Berkshire Hathaway HomeServices. This page is the Chicago, Illinois file for the 161 West Schiller Street, Chicago, IL 60610 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 161 West Schiller Street, Chicago, IL 60610 around 2020. Published consideration for 161 West Schiller Street, Chicago, IL 60610 is $2.5M, dated 2020. Cite this Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $2.45M sale when underwriting similar multifamily product around Chicago, Illinois.
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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93