Luxury Living Chicago Realty Brokers Sell Lincoln Park Condo For $2.8M
2633 North Hermitage Avenue, Chicago, IL, USA
$2,800,000
$538/SF
Building Size
5,200 SF
Asset Type
—
Closing
Jul 8, 2020
AI
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.
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93