Luxury Living Chicago Realty Brokers Sell Lincoln Park Condo For $2.8M
SOLD
$2,800,000
Illinois
See Similar Deals5,200 SF
Sold 07/08/2020
SOLD
Luxury Living Chicago Realty Brokers Sell Lincoln Park Condo For $2.8M
2633 North Hermitage Avenue, Chicago, IL, USA
See Similar Deals5,200 SF
Sold 07/08/2020
Summary
ILLINOIS
Price Per Square Foot:$538
Total Square Footage:5,200 SF
Transaction Type:Sale
The condo located at 2633 N Hermitage in Lincoln Park, Chicago was recently sold in a closed transaction. The property features a total area of approximately 5,200 square feet and is classified as a condo. The sale took place on 07/08/2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,800,000
- Square Footage: 5,200
- Price per Square Foot: $538
- Brokers: Sam Kahn & Aaron Galvin - Luxury Living Chicago Realty
The deal was facilitated by Sam Kahn and Aaron Galvin from Luxury Living Chicago Realty. They played a crucial role in representing the buyer and seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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