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
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93