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1931 N Leavitt St, Chicago,...

Compass Brokers Acquire Multifamily Property In Chicago For $1.065M
SOLDMultiFamily

Compass Brokers Acquire Multifamily Property In Chicago For $1.065M

1931 N Leavitt St, Chicago, IL, USA

$1,065,000

$226/SF

Building Size

4,700 SF

Asset Type

MultiFamily

Closing

Apr 11, 2021

AI

A multifamily property located at 1931 N Leavitt St in Chicago was recently sold for a price of $1,065,000. The property spans approximately 4,700 square feet, resulting in a price per square foot of $227. With a total of 4 units, the per unit price comes out to be $266,250.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,065,000
  • Address: 1931 N Leavitt St, Chicago
  • Market: Chicago
  • Square Footage: 4,700
  • Price per Square Foot: $227
  • Units: 4

The deal was facilitated by Richard Kasper, Rachel Montiel, and James D'Astice from Compass, representing the parties involved in the transaction.

Note: For additional information, please refer to the provided Instagram link.

Players

Richard Kasper

Compass

Broker

$8M

vol

6 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

14.89%

Cash-on-Cash

-4.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93