Fadya Kashkeesh - HomeSmart Realty Group Acquires Multifamily Property In Chicago For $1.55M
2409 W Berenice Ave, Chicago, IL, USA
$1,550,000
$134/SF
Building Size
11,500 SF
Asset Type
MultiFamily
Closing
Feb 22, 2021
AI
The multifamily property located at 2409 W Berenice Ave in Chicago was recently sold for $1,550,000. The transaction took place on February 23, 2021. The property features various residential units and is situated in the Chicago market. The sale of this property was represented by Art Collazo from Jameson Sotheby's Intl Realty, acting as the seller's representative. The buyer's representative in this deal was Fadya Kashkeesh from HomeSmart Realty Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 2409 W Berenice Ave
- Market: Chicago
This transaction involved Fadya Kashkeesh from HomeSmart Realty Group representing the buyer and Art Collazo from Jameson Sotheby's Intl Realty representing the seller. The deal successfully concluded, resulting in the sale of the multifamily property located at 2409 W Berenice Ave in Chicago.
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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93