Berkshire Hathaway HomeServices Acquires Multifamily In Chicago For $1.06M
1747 West Huron Street, Chicago, IL 60622, USA
$1,060,000
$290/SF
Building Size
3,649 SF
Asset Type
MultiFamily
Closing
Sep 15, 2021
AI
A multifamily property located at 1747 W Huron St in Chicago has been sold for a price of $1,060,000. The property consists of 3 units, with an average price per unit of $353,333. The total square footage of the property is 3,649, resulting in a price per square foot of $290.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Units: 3
- Price per unit: $353,333
- Square footage: 3,649
- Price per square foot: $290
- Address: 1747 W Huron St, Chicago
The buyer's representative in this transaction was Kimber Galvin from Berkshire Hathaway HomeServices Chicago, while Joseph Kotoch and Tara Scott from Compass represented the seller.
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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93