Updated Dec 20, 2023
Ryan Cybulski Of Vanguard Real Estate Services Acquires Multifamily Property In Chicago's Hermitage Avenue For $1.16M
1839 North Hermitage Avenue, Chicago, IL, USA
$1,160,000
$193/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Jan 4, 2021
About this deal
AI
1839 N. Hermitage Avenue in Chicago was recently sold for $1,160,000. The property is a multifamily asset.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Buyer's Representative: Ryan Cybulski - Vanguard Real Estate Services LLC
- Seller's Representative: Danny McGovern - RE/MAX Properties Northwest
Ryan Cybulski from Vanguard Real Estate Services LLC represented the buyer in this transaction, while Danny McGovern from RE/MAX Properties Northwest represented the seller.
The multifamily sale at 1839 North Hermitage Avenue, Chicago, IL, USA in Chicago, Illinois sold for $1.2M in 2021. The building is 6,000 square feet, implying about 193 per square foot on the published price. Named participants on the 1839 North Hermitage Avenue, Chicago, IL, USA sale are Ryan Cybulski, Danny McGovern. This page is the Chicago, Illinois file for the 1839 North Hermitage Avenue, Chicago, IL, USA 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 1839 North Hermitage Avenue, Chicago, IL, USA around 2021. Published consideration for 1839 North Hermitage Avenue, Chicago, IL, USA is $1.2M, dated 2021. Cite this Ryan Cybulski Of Vanguard Real Estate Services Acquires Multifamily Property In Chicago's Hermitage Avenue For $1.16M sale when underwriting similar multifamily product around Chicago, Illinois.
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
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93