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4636 North Leavitt Street

Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1.075M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1.075M

4636 North Leavitt Street

$1,075,000

Building Size

Asset Type

MultiFamily

Closing

Sep 19, 2023

AI

A multifamily property located at 4636 North Leavitt Street in Chicago was sold for $1,075,000. The transaction involved four units, resulting in a per-unit price of $268,750.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,075,000
  • Units: 4
  • Price per Unit: $268,750
  • Address: 4636 North Leavitt Street, Chicago
  • Market: Chicago

The buyer, Keith Brand of Berkshire Hathaway HomeServices, represented the purchasing party in this transaction. On the other hand, John Corry from EXIT Strategy Realty acted as the seller's representative. The involvement of these individuals played a vital role in ensuring the successful completion of the deal.

Players

Keith Brand

Berkshire Hathaway HomeServices

Broker

$9.3M

vol

3 deals

Broker

Market 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

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93