Lucid Realty, Inc. Brokers $1.4M Sale Of Land In Chicago's S Halsted St
3700 South Halsted Street, Chicago, Illinois 60609, United States
$1,400,000
$357/SF
Building Size
3,920 SF
Asset Type
—
Closing
Apr 7, 2022
About this deal
AI
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.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93