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1458 West Byron Street

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

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

1458 West Byron Street

$2,500,000

$446/SF

Building Size

5,600 SF

Asset Type

Co-Op

Closing

Dec 20, 2022

AI

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 Lowe

Compass

Broker

$95.8M

vol

30 deals

Broker

Chicago Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93