Compass Represents Buyer In $1.18M Sale Of Chicago Multifamily Property On W Henderson St
SOLD
$1,180,000
Illinois
See Similar DealsMultiFamily5,100 SF
Sold 10/29/2021
SOLD
Compass Represents Buyer In $1.18M Sale Of Chicago Multifamily Property On W Henderson St
1929 West Henderson Street, Chicago, IL 60657
See Similar DealsMultiFamily5,100 SF
Sold 10/29/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$231
Total Square Footage:5,100 SF
Transaction Type:Sale
A multifamily property located at 1929 W Henderson St in Chicago has been sold for a price of $1,180,000. The property consists of 4 units, with a price per unit of $295,000. The total square footage of the property is 5,100, resulting in a price per square foot of $231.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Address: 1929 W Henderson St, Chicago
- Market: Chicago
The buyer was represented by Steve Scheuring from Compass, while the seller was represented by MG Group from Berkshire Hathaway HomeServices Chicago.
These transaction details were captured in an Instagram post by Steve Scheuring on October 29, 2021.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,593.80
Annual Debt Service$67,125.62
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