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
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