Berkshire Hathaway HomeServices Chicago Acquires Multifamily In Chicago For $1.083M
2653 North Mildred Avenue, Chicago, Illinois 60614, United States
$1,083,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 6, 2022
AI
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.
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
14.65%
Cash-on-Cash
-4.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93