Cindi Sodolski Acquires Bucktown Multifamily For $1.028M As Buyer's Rep
1800 North Honore Street
$1,028,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 4, 2024
AI
A multifamily property at 1800 North Honore Street in Chicago's Bucktown was recently sold for $1,028,000. This 2012-renovated four-unit building offers condo-quality finishes and has a gross rental income potential of $9,200 per month.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,028,000
- Units: 4
- Price per Unit: $257,000
- Address: 1800 North Honore Street
- Market: Chicago
Cindi Sodolski from Compass represented the buyer, while Steve McEwen of Christie's International Real Estate represented the seller in this transaction.
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
15.43%
Cash-on-Cash
-4.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93