Compass Represents Buyer In $1.01M Multifamily Sale In Chicago
2424 West Berteau Avenue, Chicago, IL 60618, USA
$1,010,000
$231/SF
Building Size
4,356 SF
Asset Type
MultiFamily
Closing
Sep 10, 2021
AI
The multifamily property located at 2424 W Berteau Ave in Chicago has been sold for a total of $1,010,000. The sale was completed on 09/10/2021 by Compass agent Kathleen Barnett representing the buyer, and IRPINO Real Estate, Inc. agent Dominic Irpino representing the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Address: 2424 W Berteau Ave
- Market: Chicago
Kathleen Barnett from Compass and Dominic Irpino from IRPINO Real Estate, Inc. were the key individuals involved in this transaction. They provided expert representation to their respective clients, ensuring a successful sale of the property at 2424 W Berteau Ave.
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
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93