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Tara Furnari Of Weichert Realtors Acquires SFR In Chicago For $2.5M

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SOLD
$2,500,000

Illinois

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Co-Op5,600 SF
Sold 12/20/2022
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SOLD

Tara Furnari Of Weichert Realtors Acquires SFR In Chicago For $2.5M

1458 West Byron Street

See Similar Deals
Co-Op5,600 SF
Sold 12/20/2022
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Summary

ILLINOIS
Asset Type:Co-Op
Price Per Square Foot:$446
Total Square Footage:5,600 SF
Transaction Type:Sale

The property involved in this closed transaction is a single-family residence located at 1458 West Byron Street in Chicago. The property spans 5,600 square feet and was sold at a price of $2,500,000, resulting in a price per square foot of $446.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,500,000
  • Address: 1458 West Byron Street, Chicago
  • Market: Chicago
  • Buyer's Representative: Tara Furnari - Weichert Realtors
  • Seller's Representatives: Jeffrey "Jeff" Lowe & Joy Larkin - Compass
  • Square Footage: 5,600
  • Price per Square Foot: $446

Tara Furnari from Weichert Realtors served as the buyer's representative in this transaction. On the other side, the property was represented by Jeffrey "Jeff" Lowe and Joy Larkin from Compass. These professionals played crucial roles in ensuring a successful sale.

Players

Jeffrey "Jeff" Lowe
30 deals$95.8M volume
BROKER

Tara Furnari
Weichert Realtors
2 deals$5.2M volume
BROKER

Joy Larkin
Compass
1 deal$2.5M volume(312) 607-8010
BROKER

Details

SOLD
IMAGE: Tara Furnari, Jeffrey "Jeff" Lowe & Joy Larkin DATE: 12/20/2022 ADDRESS: 1458 West Byron Street MARKET: Chicago ASSET TYPE: SFR BUYER'S REP: Tara Furnari - Weichert Realtors (@WeichertRealtors) SELLER'S REP: Jeffrey "Jeff" Lowe (@LoweGroupChicago) & Joy Larkin (@Joy.Larkin) - Compass (@Compass) (@CompassChicago) SALE PRICE: $2,500,000 SF: 5,600 ~ PPSF: $446

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
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