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
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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