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2153 North Stave Street

Colin Hebson Acquires MultiFamily In Chicago's Logan Square/Bucktown For $1.05M
SOLDMultiFamily

Colin Hebson Acquires MultiFamily In Chicago's Logan Square/Bucktown For $1.05M

2153 North Stave Street

$1,050,000

Building Size

Asset Type

MultiFamily

Closing

Jul 1, 2024

AI

2153 North Stave Street in Chicago's Logan Square/Bucktown area was recently sold for $1.05 million. The property comprises two units: a 4-bedroom, 3-bath duplex down and a 3-bedroom, 2-bath simplex. Both units offer modern amenities such as stainless KitchenAid appliances, granite counters, and fireplaces. Additionally, the property provides convenient access to nearby restaurants, shops, and public transportation.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,050,000
  • Address: 2153 North Stave Street
  • Market: Chicago

Colin Hebson from Dream Town Real Estate represented the buyer in the transaction, while Jason O'Beirne from Jameson Sotheby's International Realty served as the seller's representative.

Players

Colin Hebson

Dream Town Realty

Broker

$7.3M

vol

6 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93