Updated Dec 19, 2023
Compass Brokers Facilitate $1.4M Sale Of 4-Unit Multifamily Property In Chicago
1908 North Bissell Street, Chicago, IL 60614
$1,400,000
Units
4
Asset Type
MultiFamily
Closing
Jan 21, 2022
About this deal
AI
A multifamily property located at 1908 N Bissell St in Chicago has been sold for $1,400,000. The property consists of 4 units with a price per unit of $350,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Units: 4
- Price Per Unit: $350,000
- Address: 1908 N Bissell St, Chicago
The multifamily sale at 1908 North Bissell Street, Chicago, IL 60614 in Chicago, Illinois sold for $1.4M in 2022. Reported inventory is 4 units across 4 units. Jeffrey "Jeff" Lowe, Compass appear on the sale alongside Compass. This page is the Chicago, Illinois file for the 1908 North Bissell Street, Chicago, IL 60614 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 1908 North Bissell Street, Chicago, IL 60614 around 2022. Published consideration for 1908 North Bissell Street, Chicago, IL 60614 is $1.4M, dated 2022. Cite this Compass Brokers Facilitate $1.4M Sale Of 4-Unit Multifamily Property In Chicago 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93