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
$4,850,000
Building Size
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Asset Type
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Closing
May 30, 2022
AI
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.
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
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93