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

Property Image
SOLD
$1,200,000
Kevin Hinton
Timothy (Tim) Sheahan
Thomas (Tom) Jakacki

Illinois

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MultiFamily
Sold 03/28/2024
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Property Image
SOLD

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

2034 West Homer Street

See Similar Deals
MultiFamily
Sold 03/28/2024
Kevin Hinton
Timothy (Tim) Sheahan
Thomas (Tom) Jakacki
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

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 (Tim) Sheahan
Compass
Timothy Sheahan
10 deals$38.8M volume
BROKER
Kevin Hinton
Keller Williams Realty
Kevin Hinton
3 deals$4.3M volume
BROKER
Thomas (Tom) Jakacki
Compass
Thomas Jakacki
2 deals$4.8M volume(248) 880-4200
BROKER

Details

SOLD
IMAGE: Kevin Hinton, Timothy Sheahan & Thomas Jakacki DATE: 03/28/2024 ADDRESS: 2034 West Homer Street MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Kevin Hinton (@KevinHintonRealEstate) - Keller Williams ONEChicago (@KWOneChicago) SELLER'S REP: Thomas Jakacki (@TomJakacki) & Timothy Sheahan (@TheSheahanGroup) - Compass (@Compass) SALE PRICE: $1,200,000 NOTE: 2034 West Homer Street in Chicago, a multifamily property, sold for $1,200,000. The buyer was represented by Kevin Hinton from Keller Williams, while Thomas Jakacki and Timothy Sheahan from Compass represented the seller.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
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