Private Buyer Acquires Pilsen Condo At 1550 S Blue Island Ave For $228,000
1550 South Blue Island Avenue, Chicago, Illinois 60608, United States
$228,000
$265/SF
Building Size
860 SF
Asset Type
—
Closing
Oct 16, 2022
About this deal
AI
The condo located at 1550 S Blue Island Ave in Pilsen has been sold in a recent transaction. The property, covering approximately 860 square feet, was sold for $228,000 at a price per square foot of $265. The sale took place on 10/17/2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $228,000
- Market: Pilsen
- Address: 1550 S Blue Island Ave
The buyer of the condo was a private individual, while Katherine Kampton served as the seller. Pranav Shah, representing the buyer, facilitated the transaction as the broker.
Players
Chicago CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $265 per square foot on a published $228K for 860 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
69.57%
Cash-on-Cash
-19.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93