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
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
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Date: 10/26/2021
- Address: 940 W Cuyler Ave, Chicago
- Buyer's Representative: Richard Kasper - Compass
- Seller's Representative: Wade Marshall - Berkshire Hathaway HomeServices Chicago
Richard Kasper from Compass represented the buyer in this transaction, while Wade Marshall from Berkshire Hathaway HomeServices Chicago represented the seller.
Players
Chicago 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93