Updated Sep 9, 2024
Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.06M
1627 North Honore Street, Chicago, IL, USA
$1,060,000
$365/SF
Building Size
2,904 SF
Asset Type
MultiFamily
Closing
Aug 15, 2021
About this deal
AI
The multifamily property located at 1627 N Honore St in Chicago has been sold for a total price of $1,060,000. The property spans 2,904 square feet, resulting in a price per square foot of $365.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Property Size: 2,904 square feet
- Price per Square Foot: $365
- Address: 1627 N Honore St, Chicago
The buyer's representative for this transaction was Michelle Liffick from Jameson Sotheby's International Realty. On the other hand, Tony Zaskowski, known as SuperAgent from Keller Williams ONEChicago, represented the seller.
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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93