Updated Dec 4, 2024
$4M Multifamily Property Sold On West Briar Place In Chicago With Broker Philip Skowron
441 West Briar Place
$4,000,000
Units
4
Asset Type
MultiFamily
Closing
Jan 10, 2024
About this deal
AI
41 West Briar Place in Chicago, a multifamily property with 4 units, has been sold for $4,000,000. The transaction was facilitated by broker Philip Skowron of @properties Christie's International Real Estate. The per-unit price for the property is $1,000,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,000,000
- Units: 4
- Price Per Unit: $1,000,000
- Broker: Philip Skowron - @properties Christie's International Real Estate
Philip Skowron of @properties Christie's International Real Estate represented the parties involved in the transaction.
The multifamily sale at 441 West Briar Place in Chicago, Illinois sold for $4M in 2024. Reported inventory is 4 units across 4 units. Philip Skowron, At Properties Commercial appear on the sale alongside At Properties Commercial. This page is the Chicago, Illinois file for the 441 West Briar Place 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 441 West Briar Place around 2024. Published consideration for 441 West Briar Place is $4M, dated 2024. Cite this $4M Multifamily Property Sold On West Briar Place In Chicago With Broker Philip Skowron sale when underwriting similar multifamily product around Chicago, Illinois.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93