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Berkshire Hathaway HomeServices Acquires Chicago Multifamily For $1.4M

Property Image
SOLD
$1,399,500
Staci Slattery
Mario Greco
Karen Biazar

Illinois

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MultiFamily2,856 SF
Sold 07/06/2021
the dealplayerscompscontact
Property Image
SOLD

Berkshire Hathaway HomeServices Acquires Chicago Multifamily For $1.4M

1928 West Crystal Street, Chicago, IL 60622, USA

See Similar Deals
MultiFamily2,856 SF
Sold 07/06/2021
Staci Slattery
Mario Greco
Karen Biazar
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$490
Total Square Footage:2,856 SF
Transaction Type:Sale

A multifamily property located at 1928 W Crystal St in Chicago has been sold for a price of $1,399,500. The sale was completed on 07/06/2021. The property is situated in the Chicago market and is classified as a multifamily asset.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,399,500
  • Address: 1928 W Crystal St
  • Market: Chicago

Karen Biazar and Staci Slattery from North Clybourn Group, Inc. represented the buyer in this transaction. On the other side, Mario Greco and Alice Jordan from Berkshire Hathaway HomeServices Chicago acted as the seller's representatives.

Players

Mario Greco
Compass
Mario Greco
9 deals$18.7M volume(773) 255-6562
BROKER
Karen Biazar
North Clybourn Group
Karen Biazar
24 deals$34.4M volume
BROKER
Staci Slattery
North Clybourn Group
Staci Slattery
10 deals$12.4M volume
BROKER

Details

SOLD
IMAGE: Staci Slattery & Karen Biazar DATE: 07/06/2021 ADDRESS: 1928 W Crystal St MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Karen Biazar & Staci Slattery - North Clybourn Group, Inc. SELLER'S REP: Mario Greco & Alice Jordan - Berkshire Hathaway HomeServices Chicago SALE PRICE: $1,399,500

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$74,640.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,972.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,634.34
Annual Debt Service$79,612.13