SOLDMultiFamily
Danielle Dowell And Tanner Peterson Of The Dowell Group Sell Chicago Multifamily For $2M
846 North Hoyne Avenue
$2,000,000
$384/SF
Building Size
5,200 SF
Asset Type
MultiFamily
Closing
Dec 8, 2025
AI
The multifamily asset located at 846 North Hoyne Avenue in Chicago was sold for $2,000,000. The property consists of 6 units with a total square footage of 5,200, resulting in a price per unit of $333,333 and a price per square foot of $384.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Units: 6
- Square Footage: 5,200
- Price Per Unit: $333,333
- Price Per Square Foot: $384
- Seller's Rep: Danielle Dowell & Tanner Peterson - The Dowell Group - Berkshire Hathaway HomeServices
- Buyer's Rep: Ken Dooley - Compass
ken dooley represented buyer this 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93