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161 West Schiller Street, C...

Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $2.45M
SOLDMultiFamily

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

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.

Players

Jane Domurot

Berkshire Hathaway HomeServices

Broker

$4.5M

vol

2 deals

Broker

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