Updated Dec 21, 2023
Redfin Corporation Acquires Multifamily Property In Chicago For $1.2M
2836 North Sheffield Avenue, Chicago, IL 60657
$1,225,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 30, 2021
About this deal
AI
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.
The multifamily sale at 2836 North Sheffield Avenue, Chicago, IL 60657 in Chicago, Illinois sold for $1.2M in 2021. 2836 North Sheffield Avenue, Chicago, IL 60657 is classified as Multifamily on Traded. Steve Dombar, Mario Greco, Redfin, Berkshire Hathaway HomeServices appear on the sale alongside Redfin, Berkshire Hathaway HomeServices. This page is the Chicago, Illinois file for the 2836 North Sheffield Avenue, Chicago, IL 60657 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 2836 North Sheffield Avenue, Chicago, IL 60657 around 2021. Published consideration for 2836 North Sheffield Avenue, Chicago, IL 60657 is $1.2M, dated 2021. Cite this Redfin Corporation Acquires Multifamily Property In Chicago For $1.2M sale when underwriting similar multifamily product around Chicago, Illinois.
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93