Redfin Corporation Acquires Multifamily Property In Chicago For $1M
1747 North Honore Street, Chicago, IL 60622
$1,000,000
$382/SF
Building Size
2,614 SF
Asset Type
MultiFamily
Closing
Jul 30, 2020
AI
Located at 1747 N Honore St in Chicago, this multifamily property was recently sold. The sale took place on July 30, 2021, with a sale price of $1,000,000. The transaction involved a property asset with no additional information available.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Market: Chicago
- Buyer's Representative: Adam Zenullahi - Redfin Corporation
- Seller's Representative: Roger Joseph - Joseph Realty LTD
Adam Zenullahi from Redfin Corporation represented the buyer in this transaction, while Roger Joseph from Joseph Realty LTD represented the seller. Additional details about the deal's key individuals and companies are not available.
Players
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93