Updated Dec 21, 2023
Compass Agents Sell Chicago Multifamily Property On N Hoyne Ave For $1.075M
941 North Hoyne Avenue, Chicago, IL 60622
$1,075,000
$274/SF
Building Size
3,924 SF
Asset Type
MultiFamily
Closing
May 24, 2020
About this deal
AI
A multifamily property located at 941 N Hoyne Ave in Chicago has been sold for $1,075,000. The transaction took place on May 24, 2021. The property was listed on Instagram, featuring images of the interior and exterior.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
The buyer's representative in the deal was Yogev Ben Shalom from Jameson Sotheby's International Realty. On the other hand, Julie Busby and Ali Rozina represented the seller as Compass' representatives. The involvement of these individuals showcases their expertise and contribution to the successful transaction.
Players
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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93