Berkshire Hathaway HomeServices Chicago Acquires Multifamily In Chicago For $1.083M
SOLD
$1,083,000
Illinois
See Similar DealsMultiFamily
Sold 06/07/2022
SOLD
Berkshire Hathaway HomeServices Chicago Acquires Multifamily In Chicago For $1.083M
2653 North Mildred Avenue, Chicago, Illinois 60614, United States
See Similar DealsMultiFamily
Sold 06/07/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 2653 N Mildred Ave Unit 101 in Chicago has been sold for a total sale price of $1,083,000. The property is situated in a prime location in the Chicago market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,083,000
- Address: 2653 N Mildred Ave Unit 101
- Market: Chicago
Mario Greco from Berkshire Hathaway HomeServices Chicago represented the buyer in this transaction, while Renee Greene from Compass represented the seller. Both representatives played key roles in facilitating the successful sale of the multifamily property.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,760.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,847.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,133.97
Annual Debt Service$61,607.67
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