SOLD
Jameson Sotheby's Intl Realty Acquires Land In Chicago For $1.04M
3601 West Hirsch Street, Chicago, IL, USA
$1,040,000
Building Size
—
Asset Type
—
Closing
Jul 26, 2021
About this deal
AI
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.
On the Map
$1,040,000
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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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93