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940 W Cuyler Ave, Chicago, ...

Updated Dec 20, 2023

Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1.2M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Multifamily Property In Chicago For $1.2M

940 W Cuyler Ave, Chicago, IL, USA

$1,200,000

$344/SF

Building Size

3,485 SF

Asset Type

MultiFamily

Closing

Oct 26, 2021

About this deal

AI

A multifamily property located at 940 W Cuyler Ave in Chicago has been sold for $1,200,000. The property consists of two units, resulting in a price per unit of $600,000.

Summary of transaction details

Richard Kasper from Compass represented the buyer in this transaction, while Wade Marshall from Berkshire Hathaway HomeServices Chicago represented the seller.

On the Map

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$1,200,000

$344/SF

MultiFamily

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Players

Richard Kasper

Compass

Broker

$8M

vol

6 deals

Broker
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Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $344 per square foot on a published $1.2M for 3,485 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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