Berkshire Hathaway HomeServices Acquires MultiFamily Property In 1072 Spring Hill Ring Road For $2M
1072 Spring Hill Ring Rd Dundee Township, IL 60118, USA
$2,000,000
$10/SF
Building Size
192,000 SF
Asset Type
Retail
Closing
May 15, 2023
About this deal
AI
The property involved in this closed transaction is a MultiFamily located at 1072 Spring Hill Ring Road. The sale price for this property was $2,000,000. There is no additional information available regarding the number of units, square footage, or price per unit or per square foot.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $2,000,000
Unfortunately, there are no further details provided regarding the buyer, seller, buyer's representative, seller's representative, or any brokers involved in this transaction.
The retail sale at 1072 Spring Hill Ring Rd Dundee Township, IL 60118, USA in Chicago, Illinois sold for $2M in 2023. The building is 192,000 square feet, implying about 10 per square foot on the published price. This page is the Chicago, Illinois file for the 1072 Spring Hill Ring Rd Dundee Township, IL 60118, USA retail sold: pricing, party profiles, and other closed retail comps from the same Chicago sit in the Market section below. Filter that Chicago retail set by closing date to see what else sold near 1072 Spring Hill Ring Rd Dundee Township, IL 60118, USA around 2023. Published consideration for 1072 Spring Hill Ring Rd Dundee Township, IL 60118, USA is $2M, dated 2023. Cite this Berkshire Hathaway HomeServices Acquires MultiFamily Property In 1072 Spring Hill Ring Road For $2M sale when underwriting similar retail product around Chicago, Illinois.
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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