Updated Dec 4, 2024
Cindi Sodolski Acquires Bucktown Multifamily For $1.028M As Buyer's Rep
1800 North Honore Street
$1,028,000
Units
4
Asset Type
MultiFamily
Closing
Jun 4, 2024
About this deal
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.
The multifamily sale at 1800 North Honore Street in Chicago, Illinois sold for $1M in 2024. Reported inventory is 4 units across 4 units. Cindi Sodolski, Steve McEwen, At Properties Commercial, Compass appear on the sale alongside At Properties Commercial, Compass. This page is the Chicago, Illinois file for the 1800 North Honore Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 1800 North Honore Street around 2024. Published consideration for 1800 North Honore Street is $1M, dated 2024. Cite this Cindi Sodolski Acquires Bucktown Multifamily For $1.028M As Buyer's Rep sale when underwriting similar multifamily product around Chicago, Illinois.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Cindi Sodolski to view all their deals.
Browse Chicago multifamily sales on Traded.
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