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2034 West Homer Street

Kevin Hinton Of Keller Williams Acquires Multifamily Property In Chicago For $1.2M As Buyer's Rep
SOLDMultiFamily

Kevin Hinton Of Keller Williams Acquires Multifamily Property In Chicago For $1.2M As Buyer's Rep

2034 West Homer Street

$1,200,000

Building Size

Asset Type

MultiFamily

Closing

Mar 28, 2024

AI

2034 West Homer Street in Chicago is a multifamily property that was recently sold for $1,200,000. Kevin Hinton from Keller Williams ONEChicago represented the buyer, while Thomas Jakacki and Timothy Sheahan from Compass represented the seller.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 2034 West Homer Street
  • Market: Chicago

The sale of the property was facilitated by Kevin Hinton, the buyer's representative from Keller Williams ONEChicago, and Thomas Jakacki & Timothy Sheahan, who represented the seller from Compass.

Players

Timothy Sheahan

Compass

Broker

$38.8M

vol

10 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93