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2012 West Haddon Avenue, Ch...

Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1M

2012 West Haddon Avenue, Chicago, IL, USA

$1,000,000

$279/SF

Building Size

3,582 SF

Asset Type

MultiFamily

Closing

Dec 20, 2020

AI

The multifamily property located at 2012 W. Haddon Avenue in Chicago has been sold for $1,000,000. The transaction took place on December 21, 2020. The property was listed by Berkshire Hathaway HomeServices represented by Tabitha Murphy and Crystal Rodriguez. On the buyer's side, Mark Borniak from Pathlight Property Management acted as the representative.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Address: 2012 W. Haddon Avenue, Chicago
  • Date: December 21, 2020
  • Seller's Representative: Tabitha Murphy & Crystal Rodriguez - Berkshire Hathaway HomeServices
  • Buyer's Representative: Mark Borniak - Pathlight Property Management

The sale of this multifamily property in Chicago represents a successful deal facilitated by the expertise of Tabitha Murphy and Crystal Rodriguez from Berkshire Hathaway HomeServices on the seller's side, and Mark Borniak from Pathlight Property Management on the buyer's side.

Players

Mark Borniak

Broker

$1M

vol

1 deal

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93