Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $2.45M
SOLD
$2,450,000
Illinois
See Similar DealsMultiFamily1,450 SF
Sold 07/15/2020
SOLD
Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $2.45M
161 West Schiller Street, Chicago, IL 60610
See Similar DealsMultiFamily1,450 SF
Sold 07/15/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$1,689
Total Square Footage:1,450 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,704.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,614.25
Annual Debt Service$139,371.00
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