$4M Multifamily Property Sold On West Briar Place In Chicago With Broker Philip Skowron
441 West Briar Place
$4,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 10, 2024
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.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93