Philip Skowron Properties Acquires Land In Chicago For $4M With Seller's Rep Jeffrey Lowe - Compass
1835 North Hudson Avenue, Chicago, Illinois 60614, United States
$4,000,000
Building Size
—
Asset Type
—
Closing
Apr 5, 2022
AI
The property transaction involved a piece of land located at 1835 N Hudson Ave in Chicago. The transaction took place on April 6, 2022, with a sale price of $4,000,000. The property was represented by Jeffrey Lowe from Compass, while the buyer's representative was Philip Skowron from Skowron Properties | Christie's International Real Estate.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $4,000,000
- Date: 04/06/2022
- Address: 1835 N Hudson Ave
- Market: Chicago
Philip Skowron from Skowron Properties | Christie's International Real Estate represented the buyer in this transaction. Jeffrey Lowe from Compass acted as the seller's representative.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93