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
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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