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2409 W Berenice Ave, Chicag...

Fadya Kashkeesh - HomeSmart Realty Group Acquires Multifamily Property In Chicago For $1.55M
SOLDMultiFamily

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

Fadya Kashkeesh

HomeSmart Realty Group

Broker

$3.9M

vol

3 deals

Broker

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

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93