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Jameson Sotheby's Intl Realty Acquires Land In Chicago For $1.04M

Property Image
SOLD
$1,040,000

Illinois

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Sold 07/27/2021
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Property Image
SOLD

Jameson Sotheby's Intl Realty Acquires Land In Chicago For $1.04M

3601 West Hirsch Street, Chicago, IL, USA

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Sold 07/27/2021
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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.

Players

Jason O'Beirne
4 deals$4.7M volume
BROKER

James Kramer
Berkshire Hathaway HomeServices
1 deal$1M volume
BROKER

Details

SOLD
IMAGE: Jason O'Beirne DATE: 07/27/2021 ADDRESS: 3601 - 3613 W Hirsch St MARKET: Chicago ASSET TYPE: Land BUYER'S REP: Jason O'Beirne - Jameson Sotheby's Intl Realty SELLER'S REP: James Kramer - Berkshire Hathaway HomeServices Chicago SALE PRICE: $1,040,000

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Deal Type
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