Jameson Sotheby's Intl Realty Acquires Land In Chicago For $1.04M
SOLD
Illinois
See Similar DealsSold 07/27/2021
SOLD
Jameson Sotheby's Intl Realty Acquires Land In Chicago For $1.04M
3601 West Hirsch Street, Chicago, IL, USA
See Similar DealsSold 07/27/2021
Summary
ILLINOIS
Transaction Type:Sale
A land asset located at 3601 - 3613 W Hirsch St in Chicago has been sold for a price of $1,040,000. The transaction took place on July 27, 2021.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,040,000
- Market: Chicago
- Seller's Representative: James Kramer - Berkshire Hathaway HomeServices Chicago
- Buyer's Representative: Jason O'Beirne - Jameson Sotheby's Intl Realty
Jason O'Beirne from Jameson Sotheby's Intl Realty represented the buyer in the transaction, while James Kramer from Berkshire Hathaway HomeServices Chicago represented the seller.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,694.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,930.13
Annual Debt Service$59,161.57
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