Updated Sep 5, 2024
Carrie McCormick, Anne Killarney & Elliot Small Acquire Multifamily Property In Chicago, IL For $1.025M
2141 North Leavitt Street, Chicago, IL 60647, USA
$1,025,000
$371/SF
Building Size
2,760 SF
Asset Type
MultiFamily
Closing
Jun 29, 2021
About this deal
AI
Located at 2141 N Leavitt St in Chicago, IL, this multifamily property was recently sold on 06/29/2021. The property consists of 4 units, with a sale price of $1,025,000, resulting in a per unit price of $256,250.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Units: 4
- Price Per Unit: $256,250
The sale of this property was facilitated by brokers Carrie McCormick, Anne Killarney, and Elliot Small of McCormick & Small Properties.
The multifamily sale at 2141 North Leavitt Street, Chicago, IL 60647, USA in Chicago, Illinois sold for $1M in 2021. Reported inventory is 2,760 square feet across 4 units, or about 371 per square foot. Elliot Small, Anne Killarney, Carrie McCormick, At Properties Commercial appear on the sale alongside At Properties Commercial, Compass. This page is the Chicago, Illinois file for the 2141 North Leavitt Street, Chicago, IL 60647, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 2141 North Leavitt Street, Chicago, IL 60647, USA around 2021. Published consideration for 2141 North Leavitt Street, Chicago, IL 60647, USA is $1M, dated 2021. Cite this Carrie McCormick, Anne Killarney & Elliot Small Acquire Multifamily Property In Chicago, IL For $1.025M sale when underwriting similar multifamily product around Chicago, Illinois.
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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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93