Keller Williams ONEChicago Represents Sale Of Land On W Belmont St In Chicago For $3.25M
1132-40 W Belmont St, Chicago, IL 60657
$3,250,000
Building Size
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Asset Type
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Closing
Sep 11, 2022
About this deal
AI
A land asset located at 1132-40 W Belmont St in Chicago has been sold for a price of $3,250,000. The transaction took place on September 12, 2022. The land has an area of approximately 0.28 acres.
Summary of transation details
- Property Type: Land
- Transaction Amount: $3,250,000
- Date: 09/12/2022
- Address: 1132-40 W Belmont St
- Market: Chicago
- Asset Type: Land
- Acres: 0.28
The sale of this land asset was facilitated by Gregory Viti from Keller Williams ONEChicago.
The commercial sale at 1132-40 W Belmont St, Chicago, IL 60657 in Chicago, Illinois sold for $3.3M in 2022. This page is the Chicago, Illinois file for the 1132-40 W Belmont St, Chicago, IL 60657 commercial sold: pricing, party profiles, and other closed commercial comps from the same Chicago sit in the Market section below. Filter that Chicago commercial set by closing date to see what else sold near 1132-40 W Belmont St, Chicago, IL 60657 around 2022. Published consideration for 1132-40 W Belmont St, Chicago, IL 60657 is $3.3M, dated 2022. Cite this Keller Williams ONEChicago Represents Sale Of Land On W Belmont St In Chicago For $3.25M sale when underwriting similar commercial product around Chicago, Illinois.
Players
Chicago CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93