Lucid Realty, Inc. Brokers $1.4M Sale Of Land In Chicago's S Halsted St
SOLD
$1,400,000
Illinois
See Similar Deals3,920 SF
Sold 04/08/2022
SOLD
Lucid Realty, Inc. Brokers $1.4M Sale Of Land In Chicago's S Halsted St
3700 South Halsted Street, Chicago, Illinois 60609, United States
See Similar Deals3,920 SF
Sold 04/08/2022
Summary
ILLINOIS
Price Per Square Foot:$357
Total Square Footage:3,920 SF
Transaction Type:Sale
The land located at 3700-3716 S Halsted St in Chicago was recently sold for a total price of $1,400,000. The transaction took place on 04/08/2022. The land covers an area of 3,920 square feet and has a price per square foot of $357.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,400,000
- Address: 3700-3716 S Halsted St, Chicago
- Market: Chicago
- BSF: 3,920 square feet
- Purchase Price per BSF: $357
The sale of this land was facilitated by Sari Levy of Lucid Realty, Inc. as the representative for the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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