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
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