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321 West Menomonee Street, ...

Berkshire Hathaway HomeServices Acquires SFR In Chicago For $4.3M
SOLDSingle Family Residence

Berkshire Hathaway HomeServices Acquires SFR In Chicago For $4.3M

321 West Menomonee Street, Chicago, IL 60614, USA

$4,337,475

$643/SF

Building Size

6,739 SF

Asset Type

Single Family Residence

Closing

Aug 23, 2020

AI

Located at 321 W. Menomonee Street in Chicago, this single-family home is the subject of a recent sale transaction. The property, which has a total area of 6,739 square feet, was sold for $4,337,475 at a price per square foot of $644. The sale took place on August 24, 2020. Lindsay Everest of Berkshire Hathaway HomeServices Chicago represented the buyer in the transaction, while Emily Sachs Wong Properties acted as the seller's representative.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,337,475
  • Date: 08/24/2020
  • Address: 321 W. Menomonee Street, Chicago
  • Market: Chicago
  • Asset Type: SFR
  • Square Footage: 6,739
  • Price per Square Foot: $644
  • Buyer's Representative: Lindsay Everest - Berkshire Hathaway HomeServices Chicago
  • Seller's Representative: Emily Sachs Wong Properties

Lindsay Everest, from Berkshire Hathaway HomeServices Chicago, represented the buyer in this transaction. Emily Sachs Wong Properties served as the seller's representative. This recent sale is a notable event in the Chicago real estate market, highlighting the successful participation of these key professionals.

Players

Emily Sachs Wong

At Properties Commercial

Broker

$84.5M

vol

17 deals

Broker

Chicago Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.66%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93