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Redfin Corporation Acquires Multifamily Property In Chicago For $1.2M

Property Image
SOLD
$1,225,000
Steve Dombar
Mario Greco

Illinois

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MultiFamily
Sold 06/30/2021
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Property Image
SOLD

Redfin Corporation Acquires Multifamily Property In Chicago For $1.2M

2836 North Sheffield Avenue, Chicago, IL 60657

See Similar Deals
MultiFamily
Sold 06/30/2021
Steve Dombar
Mario Greco
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 2836 N Sheffield Ave in Chicago was recently sold for $1,225,000. The sale took place on June 30, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,225,000
  • Address: 2836 N Sheffield Ave
  • Market: Chicago

The buyer's representative in this transaction was Steve Dombar from Redfin Corporation. On the other hand, the seller's representative was Mario Greco from Berkshire Hathaway HomeServices Chicago.

Players

Mario Greco
Compass
Mario Greco
9 deals$18.7M volume(773) 255-6562
BROKER
Steve Dombar
Redfin
Steve Dombar
2 deals$1.8M volume
BROKER

Details

SOLD
IMAGE: Mario Greco & Steve Dombar DATE: 06/30/2021 ADDRESS: 2836 N Sheffield Ave MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Steve Dombar - Redfin Corporation SELLER'S REP: Mario Greco - Berkshire Hathaway HomeServices Chicago SALE PRICE: $1,225,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,352.17
Cash-on-Cash Return-1.27%
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