Updated Oct 28, 2024
Antheus Capital Acquires Multifamily Property In Hyde Park, Chicago For $23.5M
5801 South Dorchester Avenue, Chicago, IL, USA
$23,450,000
$7,746/SF
Building Size
3,027 SF
Asset Type
MultiFamily
Closing
Aug 29, 2021
About this deal
AI
An 86-unit multifamily property located at 5801 S. Dorchester Ave in Hyde Park, Chicago was recently sold for $23,450,000. The buyer, Antheus Capital, acquired the property from the seller, Baptist Theological Union (BTU).
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $23,450,000
- Units: 86
- Price Per Unit (PPU): $272,674
- Market: Hyde Park, Chicago
The sale was facilitated by brokers David Goss, Jon Morgan, Joe Smazal, and Mark Dykstra from Interra Realty, who represented both the buyer and the seller in the transaction.
On the Map
$23,450,000
$7,746/SF
MultiFamily
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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
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93