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846 North Hoyne Avenue

Danielle Dowell And Tanner Peterson Of The Dowell Group Sell Chicago Multifamily For $2M
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

Danielle Dowell

Berkshire Hathaway HomeServices

Broker

$15.9M

vol

7 deals

Broker
Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServicesBrokerage
Compass
CompassBrokerage

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