Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property On N Damen Ave, Chicago For $1.155M
4200 North Damen Avenue, Chicago, IL 60618
$1,155,000
$385/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Dec 20, 2021
About this deal
AI
The multifamily property located at 4200 N Damen Ave in Chicago was recently sold for a total price of $1,155,000. The property consists of four units, with a per unit price of $288,750. The lot size is 3,000 square feet, resulting in a price per square foot of $385.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,155,000
- Units: 4
- Price per Unit: $288,750
- Lot Size: 3,000 square feet
- Price per Square Foot: $385
Tony Muno from Berkshire Hathaway HomeServices American Heritage Real Estate represented the parties involved in this transaction as the broker.
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
13.73%
Cash-on-Cash
-3.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93