facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

1615 W Highland Ave, Chicag...

Berkshire Hathaway HomeServices Acquires Multifamily Property On W Highland Ave For $1.47M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Multifamily Property On W Highland Ave For $1.47M

1615 W Highland Ave, Chicago, Illinois, USA

$1,470,000

$67/SF

Building Size

21,780 SF

Asset Type

MultiFamily

Closing

Apr 25, 2021

AI

Located at 1615 W Highland Ave in Chicago, IL, this multifamily property was recently sold in a transaction on April 26, 2021. The property, consisting of 9 units, was sold for a price of $1,470,000, resulting in an average price per unit of $163,333.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,470,000
  • Market: Chicago, IL

The buyer was represented by Liliana DeLeon from Chicagoland Brokers, Inc., while Joseph Schiller from Berkshire Hathaway HomeServices Chicago acted as the seller's representative.

Players

Liliana DeLeon

Broker

$1.5M

vol

1 deal

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.79%

Cash-on-Cash

-3.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93