Compass Represents Buyer In $1.18M Sale Of Chicago Multifamily Property On W Henderson St
1929 West Henderson Street, Chicago, IL 60657
$1,180,000
$231/SF
Building Size
5,100 SF
Asset Type
MultiFamily
Closing
Oct 29, 2021
AI
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.
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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93