Jeff Lowe's Compass-listed Chicago Land Sells For $4.85M With Buyer's Rep Kevin Wood Properties
SOLD
$4,850,000
Illinois
See Similar DealsSold 05/31/2022
SOLD
Jeff Lowe's Compass-listed Chicago Land Sells For $4.85M With Buyer's Rep Kevin Wood Properties
1916 North Howe Street, Chicago, Illinois 60614, United States
See Similar DealsSold 05/31/2022
Summary
ILLINOIS
Transaction Type:Sale
A land located at 1916-20 N Howe St in Chicago has been sold for $4,850,000. The property spans approximately 0.29 acres.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $4,850,000
- Address: 1916-20 N Howe St, Chicago
- Market: Chicago
- Asset Type: Land
- ACRES: 0.29
Kevin Wood roperties represented the buyer, while Jeff Lowe from Compass acted as the seller's representative in this transaction.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$258,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,231.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,991.47
Annual Debt Service$275,897.69
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