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1900 North Bissell Street

Julian Levit Of Compass Represents Seller In $1.41M Multifamily Sale At 1900 North Bissell Street
SOLDMultiFamily

Julian Levit Of Compass Represents Seller In $1.41M Multifamily Sale At 1900 North Bissell Street

1900 North Bissell Street

$1,410,000

$503/SF

Building Size

2,800 SF

Asset Type

MultiFamily

Closing

Feb 28, 2025

AI

The property asset involved in the transaction is a multifamily building located at 1900 North Bissell Street in the Chicago market. The sale price of the asset was $1,410,000, consisting of 3 units. The total square footage of the property is 2,800, resulting in a price per unit of $470,000 and a price per square foot of $503.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,410,000
  • Units: 3
  • Square Footage: 2,800
  • Price per Unit: $470,000
  • Price per Square Foot: $503
  • Seller's Representative: Julian Levit - Compass
  • Date of Sale: 02/28/2025

This transaction involved Julian Levit from Compass representing the seller, facilitating the deal within the competitive Chicago multifamily market while ensuring the property's successful sale.

Players

Julian Levit

Compass

Broker

$9M

vol

8 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

11.25%

Cash-on-Cash

-3.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93