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441 West Briar Place

$4M Multifamily Property Sold On West Briar Place In Chicago With Broker Philip Skowron
SOLDMultiFamily

$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.

Players

Philip Skowron

At Properties Commercial

Broker

$23.7M

vol

4 deals

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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93