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1747 West Huron Street, Chi...

Berkshire Hathaway HomeServices Acquires Multifamily In Chicago For $1.06M
SOLDMultiFamily

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

Joseph Kotoch

Compass

Broker

$7.7M

vol

6 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

14.97%

Cash-on-Cash

-4.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93